Piramal Enterprises 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 113.3 million compared to INR 1 million a year ago. Revenue was INR 22,052.1 million compared to INR 19,562.3 million a year ago. Net income was INR 481.9 million compared to net loss of INR 15,363.9 million a year ago. Basic earnings per share from continuing operations was INR 2.03 compared to basic loss per share from continuing operations of INR 64.37 a year ago. Diluted earnings per share from continuing operations was INR 2.02 compared to diluted loss per share from continuing operations of INR 64.37 a year ago.
For the six months, sales was INR 317 million compared to INR 5 million a year ago. Revenue was INR 51,040 million compared to INR 40,769.9 million a year ago. Net income was INR 5,569.7 million compared to INR 66,190.8 million a year ago. Basic earnings per share from continuing operations was INR 23.43 compared to INR 277.34 a year ago. Diluted earnings per share from continuing operations was INR 23.25 compared to INR 277.31 a year ago.