Nelco Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 754.4 million compared to INR 612.2 million a year ago. Revenue was INR 761.8 million compared to INR 614.6 million a year ago. Net income was INR 44.7 million compared to INR 34 million a year ago. Basic earnings per share from continuing operations was INR 1.96 compared to INR 1.49 a year ago.
For the six months, sales was INR 1,571.2 million compared to INR 1,163.2 million a year ago. Revenue was INR 1,581.5 million compared to INR 1,180.8 million a year ago. Net income was INR 91.9 million compared to INR 77.8 million a year ago. Basic earnings per share from continuing operations was INR 4.03 compared to INR 3.41 a year ago.