Magadh Sugar & Energy 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 2,892.08 million compared to INR 1,994.56 million a year ago. Revenue was INR 2,894.97 million compared to INR 1,998.82 million a year ago. Net income was INR 150.81 million compared to net loss of INR 66.91 million a year ago. Basic earnings per share from continuing operations was INR 10.7 compared to basic loss per share from continuing operations of INR 4.75 a year ago. Diluted earnings per share from continuing operations was INR 10.7 compared to diluted loss per share from continuing operations of INR 4.75 a year ago.
For the six months, sales was INR 5,899.22 million compared to INR 4,451.47 million a year ago. Revenue was INR 5,904.61 million compared to INR 4,458.63 million a year ago. Net income was INR 306.21 million compared to net loss of INR 66.12 million a year ago. Basic earnings per share from continuing operations was INR 21.73 compared to basic loss per share from continuing operations of INR 4.69 a year ago. Diluted earnings per share from continuing operations was INR 21.73 compared to diluted loss per share from continuing operations of INR 4.69 a year ago.