Ramco Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 3,189.4 million compared to INR 3,122.1 million a year ago. Net loss was INR 41.5 million compared to net income of INR 25.8 million a year ago. Basic loss per share from continuing operations was INR 0.5 compared to basic earnings per share from continuing operations of INR 0.31 a year ago. Diluted loss per share from continuing operations was INR 0.5 compared to diluted earnings per share from continuing operations of INR 0.31 a year ago.
For the six months, revenue was INR 8,103 million compared to INR 8,137.7 million a year ago. Net income was INR 354.2 million compared to INR 632.4 million a year ago. Basic earnings per share from continuing operations was INR 4.24 compared to INR 7.57 a year ago. Diluted earnings per share from continuing operations was INR 4.24 compared to INR 7.57 a year ago.