Salem Erode Investments Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 11.46 million compared to INR 7.49 million a year ago. Revenue was INR 11.51 million compared to INR 7.51 million a year ago. Net income was INR 1.33 million compared to INR 3.15 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to INR 0.28 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to INR 0.28 a year ago.
For the six months, sales was INR 20.03 million compared to INR 14.64 million a year ago. Revenue was INR 20.12 million compared to INR 14.72 million a year ago. Net income was INR 0.552 million compared to INR 6.08 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 0.53 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 0.53 a year ago.