Mangalam Organics 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 1,689.01 million compared to INR 1,542.77 million a year ago. Revenue was INR 1,689.67 million compared to INR 1,543.06 million a year ago. Net income was INR 6.31 million compared to net loss of INR 214.01 million a year ago. Basic earnings per share from continuing operations was INR 0.83 compared to basic loss per share from continuing operations of INR 24.99 a year ago.
For the six months, sales was INR 2,778.07 million compared to INR 2,586.58 million a year ago. Revenue was INR 2,782.93 million compared to INR 2,589.7 million a year ago. Net income was INR 9.37 million compared to net loss of INR 282.91 million a year ago. Basic earnings per share from continuing operations was INR 1.18 compared to basic loss per share from continuing operations of INR 33.03 a year ago.