Rir Power Electronics 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 166.06 million compared to INR 149.07 million a year ago. Revenue was INR 168.9 million compared to INR 152.79 million a year ago. Net income was INR 15.74 million compared to INR 19.29 million a year ago. Basic earnings per share from continuing operations was INR 2.29 compared to INR 2.82 a year ago.
For the six months, sales was INR 304.75 million compared to INR 270.17 million a year ago. Revenue was INR 316.28 million compared to INR 279.8 million a year ago. Net income was INR 31.37 million compared to INR 28.94 million a year ago. Basic earnings per share from continuing operations was INR 4.56 compared to INR 4.22 a year ago.