Lakshmi Electrical Control Systems 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 1,019.96 million compared to INR 955.98 million a year ago. Revenue was INR 1,039.76 million compared to INR 965.2 million a year ago. Net income was INR 44.27 million compared to INR 67.45 million a year ago. Basic earnings per share from continuing operations was INR 18.01 compared to INR 27.44 a year ago. Diluted earnings per share from continuing operations was INR 18.01 compared to INR 27.44 a year ago.
For the six months, sales was INR 1,947.88 million compared to INR 1,731.19 million a year ago. Revenue was INR 1,992.56 million compared to INR 1,745.3 million a year ago. Net income was INR 99.58 million compared to INR 115.84 million a year ago. Basic earnings per share from continuing operations was INR 40.51 compared to INR 47.13 a year ago. Diluted earnings per share from continuing operations was INR 40.51 compared to INR 47.13 a year ago.