Novartis 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 787.6 million compared to INR 1,015.2 million a year ago. Revenue was INR 956.4 million compared to INR 1,083.8 million a year ago. Net income was INR 236.8 million compared to INR 183.5 million a year ago. Basic earnings per share from continuing operations was INR 9.59 compared to INR 7.43 a year ago.
For the six months, sales was INR 1,693.6 million compared to INR 2,224.4 million a year ago. Revenue was INR 1,986.6 million compared to INR 2,558.2 million a year ago. Net income was INR 439.4 million compared to INR 707.3 million a year ago. Basic earnings per share from continuing operations was INR 17.8 compared to INR 28.64 a year ago.