Katare Spinning Mills Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 18.05 million compared to INR 1.04 million a year ago. Revenue was INR 30.11 million compared to INR 90.66 million a year ago. Net income was INR 7.03 million compared to INR 27.65 million a year ago. Basic earnings per share from continuing operations was INR 2.47 compared to INR 9.7 a year ago.
For the six months, sales was INR 26.04 million compared to INR 26.89 million a year ago. Revenue was INR 38.52 million compared to INR 116.52 million a year ago. Net income was INR 4.11 million compared to INR 23.88 million a year ago. Basic earnings per share from continuing operations was INR 1.44 compared to INR 8.38 a year ago.