Lagnam Spintex 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 629.27 million compared to INR 813.39 million a year ago. Revenue was INR 630.55 million compared to INR 814.15 million a year ago. Net income was INR 16.41 million compared to INR 61.95 million a year ago. Basic earnings per share from continuing operations was INR 0.93 compared to INR 3.51 a year ago. Diluted earnings per share from continuing operations was INR 0.93 compared to INR 3.51 a year ago.
For the six months, sales was INR 1,421.6 million compared to INR 1,560.54 million a year ago. Revenue was INR 1,423.14 million compared to INR 1,561.3 million a year ago. Net income was INR 78.55 million compared to INR 123.37 million a year ago. Basic earnings per share from continuing operations was INR 4.45 compared to INR 6.98 a year ago. Diluted earnings per share from continuing operations was INR 4.45 compared to INR 6.98 a year ago.