Sharda Motor 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 7,626.51 million compared to INR 6,979.61 million a year ago. Revenue was INR 7,814.54 million compared to INR 7,065.93 million a year ago. Net income was INR 800.97 million compared to INR 546.72 million a year ago. Basic earnings per share from continuing operations was INR 26.94 compared to INR 18.39 a year ago. Diluted earnings per share from continuing operations was INR 26.94 compared to INR 18.39 a year ago.
For the six months, sales was INR 14,167.52 million compared to INR 13,257.7 million a year ago. Revenue was INR 14,539.58 million compared to INR 13,425.76 million a year ago. Net income was INR 1,353.22 million compared to INR 999 million a year ago. Basic earnings per share from continuing operations was INR 45.51 compared to INR 33.6 a year ago. Diluted earnings per share from continuing operations was INR 45.51 compared to INR 33.6 a year ago.