Shree Ajit Pulp and Paper Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 1,062.34 million compared to INR 1,016.07 million a year ago. Revenue was INR 1,065.1 million compared to INR 1,019.63 million a year ago. Net income was INR 23.29 million compared to INR 59.24 million a year ago. Basic earnings per share from continuing operations was INR 4.35 compared to INR 11.06 a year ago.
For the six months, sales was INR 2,095.07 million compared to INR 1,886.2 million a year ago. Revenue was INR 2,097.94 million compared to INR 1,892.84 million a year ago. Net income was INR 48.69 million compared to INR 146.49 million a year ago. Basic earnings per share from continuing operations was INR 9.09 compared to INR 27.35 a year ago.