Kirloskar Ferrous 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 15,596.9 million compared to INR 17,575.4 million a year ago. Revenue was INR 15,639.8 million compared to INR 17,775.3 million a year ago. Net income was INR 682.5 million compared to INR 967.1 million a year ago. Basic earnings per share from continuing operations was INR 4.91 compared to INR 6.97 a year ago. Diluted earnings per share from continuing operations was INR 4.87 compared to INR 6.94 a year ago.
For the six months, sales was INR 30,621.6 million compared to INR 32,513.6 million a year ago. Revenue was INR 30,709.1 million compared to INR 32,842.9 million a year ago. Net income was INR 1,422.6 million compared to INR 1,902.7 million a year ago. Basic earnings per share from continuing operations was INR 10.23 compared to INR 13.71 a year ago. Diluted earnings per share from continuing operations was INR 10.15 compared to INR 13.67 a year ago.