Morganite Crucible (India) 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 453.51 million compared to INR 388.52 million a year ago. Revenue was INR 464.68 million compared to INR 390.78 million a year ago. Net income was INR 83.14 million compared to INR 39.08 million a year ago. Basic earnings per share from continuing operations was INR 14.85 compared to INR 6.98 a year ago. Diluted earnings per share from continuing operations was INR 14.85 compared to INR 6.98 a year ago.
For the six months, sales was INR 880.38 million compared to INR 791.21 million a year ago. Revenue was INR 903.02 million compared to INR 804.97 million a year ago. Net income was INR 161.18 million compared to INR 82.36 million a year ago. Basic earnings per share from continuing operations was INR 28.78 compared to INR 14.71 a year ago. Diluted earnings per share from continuing operations was INR 28.78 compared to INR 14.71 a year ago.