Lanka Ashok Leyland PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 102.11 million compared to LKR 83.78 million a year ago. Revenue was LKR 1,038.02 million compared to LKR 1,193.6 million a year ago. Net income was LKR 199.91 million compared to LKR 259.47 million a year ago. Basic earnings per share from continuing operations was LKR 55.21 compared to LKR 71.66 a year ago.
For the six months, sales was LKR 177.84 million compared to LKR 123.45 million a year ago. Revenue was LKR 1,584.49 million compared to LKR 2,358.17 million a year ago. Net income was LKR 214.54 million compared to LKR 3.51 million a year ago. Basic earnings per share from continuing operations was LKR 59.25 compared to LKR 0.97 a year ago.