Majestic Auto 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 396.02 million compared to INR 122.33 million a year ago. Revenue was INR 462.04 million compared to INR 169.91 million a year ago. Net income was INR 229.3 million compared to INR 33.04 million a year ago. Basic earnings per share from continuing operations was INR 22.26 compared to INR 3.44 a year ago. Diluted earnings per share from continuing operations was INR 22.26 compared to INR 3.44 a year ago.
For the six months, sales was INR 529.27 million compared to INR 245.4 million a year ago. Revenue was INR 633.39 million compared to INR 289.45 million a year ago. Net income was INR 253.14 million compared to INR 34.78 million a year ago. Basic earnings per share from continuing operations was INR 24.66 compared to INR 3.87 a year ago. Diluted earnings per share from continuing operations was INR 24.66 compared to INR 3.87 a year ago.