N G Industries LTD reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 43.31 million compared to INR 48.94 million a year ago. Revenue was INR 45.81 million compared to INR 106.31 million a year ago. Net income was INR 6.41 million compared to INR 51.28 million a year ago. Basic earnings per share from continuing operations was INR 1.91 compared to INR 15.3 a year ago. Diluted earnings per share from continuing operations was INR 1.91 compared to INR 15.3 a year ago.
For the six months, sales was INR 88.63 million compared to INR 104.33 million a year ago. Revenue was INR 112.37 million compared to INR 165.57 million a year ago. Net income was INR 26.69 million compared to INR 59.99 million a year ago. Basic earnings per share from continuing operations was INR 7.96 compared to INR 17.9 a year ago. Diluted earnings per share from continuing operations was INR 7.96 compared to INR 17.9 a year ago.