Shervani Industrial Syndicate 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 304.8 million compared to INR 165.2 million a year ago. Revenue was INR 308.4 million compared to INR 167.1 million a year ago. Net income was INR 71.9 million compared to INR 46.3 million a year ago. Basic earnings per share from continuing operations was INR 26.43 compared to INR 17.02 a year ago.
For the six months, sales was INR 1,039.5 million compared to INR 186.6 million a year ago. Revenue was INR 1,046 million compared to INR 191.1 million a year ago. Net income was INR 284.6 million compared to INR 48.7 million a year ago. Basic earnings per share from continuing operations was INR 104.63 compared to INR 17.88 a year ago.