JK Tyre & Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 38,975.3 million compared to INR 37,565.2 million a year ago. Revenue was INR 39,053.2 million compared to INR 37,643.4 million a year ago. Net income was INR 2,421.1 million compared to INR 513.1 million a year ago. Basic earnings per share from continuing operations was INR 9.33 compared to INR 2.08 a year ago. Diluted earnings per share from continuing operations was INR 9.29 compared to INR 2.08 a year ago.
For the six months, sales was INR 76,156.1 million compared to INR 73,995.5 million a year ago. Revenue was INR 76,317.3 million compared to INR 74,139.2 million a year ago. Net income was INR 3,959.8 million compared to INR 885.1 million a year ago. Basic earnings per share from continuing operations was INR 15.26 compared to INR 3.59 a year ago. Diluted earnings per share from continuing operations was INR 15.21 compared to INR 3.59 a year ago.