Sibar Auto Parts 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 64.82 million compared to INR 68.92 million a year ago. Revenue was INR 65.02 million compared to INR 69.4 million a year ago. Net income was INR 0.248 million compared to INR 0.426 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 0.03 a year ago.
For the six months, sales was INR 107.31 million compared to INR 136.72 million a year ago. Revenue was INR 107.8 million compared to INR 138.08 million a year ago. Net loss was INR 3.77 million compared to net income of INR 0.845 million a year ago. Basic loss per share from continuing operations was INR 0.23 compared to basic earnings per share from continuing operations of INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 0.23 compared to diluted earnings per share from continuing operations of INR 0.05 a year ago.