Soma Textiles & Industries 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 15.7 million compared to INR 1.5 million a year ago. Revenue was INR 23.2 million compared to INR 39.9 million a year ago. Net income was INR 5.8 million compared to INR 309.8 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 9.38 a year ago. Diluted earnings per share from continuing operations was INR 0.18 compared to INR 9.38 a year ago.
For the six months, sales was INR 26.4 million compared to INR 4.1 million a year ago. Revenue was INR 40.7 million compared to INR 72 million a year ago. Net income was INR 9.8 million compared to INR 367.9 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to INR 11.14 a year ago. Diluted earnings per share from continuing operations was INR 0.3 compared to INR 11.14 a year ago.