Shree Ajit Pulp and Paper 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 681 million compared to INR 1,062.34 million a year ago. Revenue was INR 683.4 million compared to INR 1,065.1 million a year ago. Net income was INR 11.41 million compared to INR 23.29 million a year ago. Basic earnings per share from continuing operations was INR 2.13 compared to INR 4.35 a year ago.
For the six months, sales was INR 1,439.73 million compared to INR 2,095.07 million a year ago. Revenue was INR 1,450.4 million compared to INR 2,097.94 million a year ago. Net income was INR 38.1 million compared to INR 48.69 million a year ago. Basic earnings per share from continuing operations was INR 7.11 compared to INR 9.09 a year ago.