Krishanveer Forge 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 237.64 million compared to INR 123.46 million a year ago. Revenue was INR 239 million compared to INR 125.33 million a year ago. Net income was INR 6.47 million compared to INR 3.5 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 0.59 compared to INR 0.32 a year ago.
For the six months, sales was INR 432.25 million compared to INR 255.56 million a year ago. Revenue was INR 434.38 million compared to INR 258.17 million a year ago. Net income was INR 2.08 million compared to INR 12.7 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to INR 1.16 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to INR 1.16 a year ago.