Kennametal India Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was INR 2,748 million compared to INR 2,390 million a year ago. Revenue was INR 2,760 million compared to INR 2,425 million a year ago. Net income was INR 219 million compared to INR 306 million a year ago. Basic earnings per share from continuing operations was INR 9.96 compared to INR 13.92 a year ago. Diluted earnings per share from continuing operations was INR 9.96 compared to INR 13.92 a year ago.
For the six months, sales was INR 5,421 million compared to INR 4,765 million a year ago. Revenue was INR 5,445 million compared to INR 4,818 million a year ago. Net income was INR 534 million compared to INR 589 million a year ago. Basic earnings per share from continuing operations was INR 24.28 compared to INR 26.8 a year ago. Diluted earnings per share from continuing operations was INR 24.28 compared to INR 26.8 a year ago.