Magellanic Cloud 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 1,540.66 million compared to INR 905.39 million a year ago. Revenue was INR 1,550.08 million compared to INR 1,060.62 million a year ago. Net income was INR 221.85 million compared to INR 286.62 million a year ago. Basic earnings per share from continuing operations was INR 1.89 compared to INR 2.55 a year ago. Diluted earnings per share from continuing operations was INR 1.89 compared to INR 2.55 a year ago. Basic earnings per share was INR 1.89 compared to INR 2.54 a year ago. Diluted earnings per share was INR 1.89 compared to INR 2.54 a year ago.
For the six months, sales was INR 2,918.44 million compared to INR 1,729.33 million a year ago. Revenue was INR 2,938.06 million compared to INR 1,888.25 million a year ago. Net income was INR 414.15 million compared to INR 387.4 million a year ago. Basic earnings per share from continuing operations was INR 3.5 compared to INR 3.44 a year ago. Diluted earnings per share from continuing operations was INR 3.5 compared to INR 3.44 a year ago. Basic earnings per share was INR 3.5 compared to INR 3.47 a year ago. Diluted earnings per share was INR 3.5 compared to INR 3.47 a year ago.