Mohit Paper Mills 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 351.03 million compared to INR 588.68 million a year ago. Revenue was INR 365.92 million compared to INR 596.84 million a year ago. Net income was INR 15.91 million compared to INR 10.43 million a year ago. Basic earnings per share from continuing operations was INR 1.14 compared to INR 0.75 a year ago. Diluted earnings per share from continuing operations was INR 1.14 compared to INR 0.75 a year ago.
For the six months, sales was INR 914.46 million compared to INR 1,109.02 million a year ago. Revenue was INR 940.39 million compared to INR 1,122.82 million a year ago. Net income was INR 35.04 million compared to INR 18.98 million a year ago. Basic earnings per share from continuing operations was INR 2.5 compared to INR 1.36 a year ago. Diluted earnings per share from continuing operations was INR 2.5 compared to INR 1.36 a year ago.