Servotech Power Systems 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 391.24 million compared to INR 312.74 million a year ago. Revenue was INR 402.4 million compared to INR 316.46 million a year ago. Net income was INR 7.83 million compared to INR 8.52 million a year ago. Basic earnings per share from continuing operations was INR 0.042 compared to INR 0.046 a year ago. Diluted earnings per share from continuing operations was INR 0.042 compared to INR 0.046 a year ago.
For the six months, sales was INR 709.89 million compared to INR 511.94 million a year ago. Revenue was INR 723.05 million compared to INR 517.17 million a year ago. Net income was INR 11.38 million compared to INR 16.74 million a year ago. Basic earnings per share from continuing operations was INR 0.061 compared to INR 0.091 a year ago. Diluted earnings per share from continuing operations was INR 0.061 compared to INR 0.091 a year ago.