Rasandik Engineering Industries 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 218.94 million compared to INR 430.81 million a year ago. Revenue was INR 309.59 million compared to INR 478.29 million a year ago. Net income was INR 27.31 million compared to INR 28.12 million a year ago. Basic earnings per share from continuing operations was INR 4.57 compared to INR 4.71 a year ago.
For the six months, sales was INR 494.07 million compared to INR 964.28 million a year ago. Revenue was INR 608.39 million compared to INR 1,011.82 million a year ago. Net income was INR 7.46 million compared to INR 31.29 million a year ago. Basic earnings per share from continuing operations was INR 1.25 compared to INR 5.24 a year ago.