Smiths & Founders (India) Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 27.13 million compared to INR 33.1 million a year ago. Revenue was INR 27.14 million compared to INR 33.16 million a year ago. Net income was INR 0.753 million compared to INR 4.46 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.04 a year ago.
For the six months, sales was INR 50.88 million compared to INR 58.8 million a year ago. Revenue was INR 50.99 million compared to INR 58.98 million a year ago. Net income was INR 1.76 million compared to INR 6.64 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 0.07 a year ago.