Shyam Metalics and Energy 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 29,407 million compared to INR 30,852 million a year ago. Revenue was INR 29,789.3 million compared to INR 31,068.5 million a year ago. Net income was INR 4,840.9 million compared to INR 1,143 million a year ago. Basic earnings per share from continuing operations was INR 18.89 compared to INR 4.35 a year ago. Diluted earnings per share from continuing operations was INR 18.89 compared to INR 4.35 a year ago.
For the six months, sales was INR 62,737.3 million compared to INR 63,084 million a year ago. Revenue was INR 63,417.5 million compared to INR 63,519.8 million a year ago. Net income was INR 6,881.7 million compared to INR 5,291.5 million a year ago. Basic earnings per share from continuing operations was INR 26.81 compared to INR 20.57 a year ago. Diluted earnings per share from continuing operations was INR 26.81 compared to INR 20.57 a year ago.