Sharat Industries 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 968.36 million compared to INR 982.61 million a year ago. Revenue was INR 972.56 million compared to INR 983.88 million a year ago. Net income was INR 28.1 million compared to INR 17.1 million a year ago. Basic earnings per share from continuing operations was INR 1.18 compared to INR 0.72 a year ago. Diluted earnings per share from continuing operations was INR 1.18 compared to INR 0.72 a year ago.
For the six months, sales was INR 1,767.35 million compared to INR 1,846.2 million a year ago. Revenue was INR 1,773.27 million compared to INR 1,861.98 million a year ago. Net income was INR 46.08 million compared to INR 44.11 million a year ago. Basic earnings per share from continuing operations was INR 1.93 compared to INR 1.84 a year ago. Diluted earnings per share from continuing operations was INR 1.93 compared to INR 1.84 a year ago.