SIS Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 30, 2023 at 08:46 am EDT
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SIS 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 30,736.25 million compared to INR 27,676.6 million a year ago. Revenue was INR 30,861.29 million compared to INR 27,757.68 million a year ago. Net income was INR 752.77 million compared to INR 674.33 million a year ago. Basic earnings per share from continuing operations was INR 5.17 compared to INR 4.58 a year ago. Diluted earnings per share from continuing operations was INR 5.12 compared to INR 4.54 a year ago.
For the six months, sales was INR 60,503.54 million compared to INR 54,458.4 million a year ago. Revenue was INR 60,716.22 million compared to INR 54,606.9 million a year ago. Net income was INR 1,647.82 million compared to INR 1,498.64 million a year ago. Basic earnings per share from continuing operations was INR 11.31 compared to INR 10.2 a year ago. Diluted earnings per share from continuing operations was INR 11.21 compared to INR 10.11 a year ago.
SIS Limited is an India-based security solutions company. The Company's business segments include Security Solutions-India, Security Solutions-International and Facility Management. The Company is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, house-keeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, automated teller machine (ATM) cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems. It has a presence in Asia-Pacific (APAC) region, encompassing India, Australia, New Zealand, and Singapore.