Seshasayee Paper and Boards 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 3,623.6 million compared to INR 5,229.1 million a year ago. Revenue was INR 3,766.7 million compared to INR 5,302.3 million a year ago. Net income was INR 732 million compared to INR 1,062.9 million a year ago. Basic earnings per share from continuing operations was INR 12.15 compared to INR 17.65 a year ago. Diluted earnings per share from continuing operations was INR 12.15 compared to INR 17.65 a year ago.
For the six months, sales was INR 7,889.3 million compared to INR 9,538.2 million a year ago. Revenue was INR 8,142.6 million compared to INR 9,658.8 million a year ago. Net income was INR 1,449.5 million compared to INR 1,665.9 million a year ago. Basic earnings per share from continuing operations was INR 24.07 compared to INR 27.66 a year ago. Diluted earnings per share from continuing operations was INR 24.07 compared to INR 27.66 a year ago.