Lactose (India) 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 244.26 million compared to INR 131.68 million a year ago. Revenue was INR 246.83 million compared to INR 133.67 million a year ago. Net income was INR 8.06 million compared to INR 0.869 million a year ago. Basic earnings per share from continuing operations was INR 0.64 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.64 compared to INR 0.07 a year ago.
For the six months, sales was INR 518.92 million compared to INR 227.92 million a year ago. Revenue was INR 524.31 million compared to INR 232.16 million a year ago. Net income was INR 17.63 million compared to INR 1.74 million a year ago. Basic earnings per share from continuing operations was INR 1.4 compared to INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 1.4 compared to INR 0.14 a year ago.