SNL Bearings 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 130.2 million compared to INR 139.2 million a year ago. Revenue was INR 134.4 million compared to INR 143.8 million a year ago. Net income was INR 21.5 million compared to INR 26.8 million a year ago. Basic earnings per share from continuing operations was INR 5.95 compared to INR 7.42 a year ago.
For the six months, sales was INR 248.2 million compared to INR 252.2 million a year ago. Revenue was INR 257.5 million compared to INR 257.8 million a year ago. Net income was INR 38 million compared to INR 46.4 million a year ago. Basic earnings per share from continuing operations was INR 10.52 compared to INR 12.85 a year ago.