SKF India 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 11,252.1 million compared to INR 10,782.6 million a year ago. Revenue was INR 11,454.7 million compared to INR 10,884.2 million a year ago. Net income was INR 899.7 million compared to INR 1,558.3 million a year ago. Basic earnings per share from continuing operations was INR 18.2 compared to INR 31.5 a year ago. Diluted earnings per share from continuing operations was INR 18.2 compared to INR 31.5 a year ago.
For the six months, sales was INR 22,748.1 million compared to INR 21,330 million a year ago. Revenue was INR 23,176.1 million compared to INR 21,516.7 million a year ago. Net income was INR 2,443.9 million compared to INR 2,849.4 million a year ago. Basic earnings per share from continuing operations was INR 49.4 compared to INR 57.6 a year ago. Diluted earnings per share from continuing operations was INR 49.4 compared to INR 57.6 a year ago.