Shahi Shipping 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 27.52 million compared to INR 21.63 million a year ago. Revenue was INR 27.96 million compared to INR 28.46 million a year ago. Net income was INR 4.46 million compared to net loss of INR 0.775 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to basic loss per share from continuing operations of INR 0.05 a year ago. Diluted earnings per share from continuing operations was INR 0.31 compared to diluted loss per share from continuing operations of INR 0.05 a year ago.
For the six months, sales was INR 52.61 million compared to INR 38.7 million a year ago. Revenue was INR 53.09 million compared to INR 50.09 million a year ago. Net income was INR 3.87 million compared to net loss of INR 5.93 million a year ago. Basic earnings per share from continuing operations was INR 0.27 compared to basic loss per share from continuing operations of INR 0.41 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to diluted loss per share from continuing operations of INR 0.41 a year ago.