Star Paper Mills 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 1,056.6 million compared to INR 1,344.93 million a year ago. Revenue was INR 1,141.5 million compared to INR 1,376.67 million a year ago. Net income was INR 151.92 million compared to INR 211.99 million a year ago. Basic earnings per share from continuing operations was INR 9.73 compared to INR 13.58 a year ago. Diluted earnings per share from continuing operations was INR 9.73 compared to INR 13.58 a year ago.
For the six months, sales was INR 2,292.28 million compared to INR 2,535.27 million a year ago. Revenue was INR 2,417.14 million compared to INR 2,602.23 million a year ago. Net income was INR 349.28 million compared to INR 364.8 million a year ago. Basic earnings per share from continuing operations was INR 22.38 compared to INR 23.37 a year ago. Diluted earnings per share from continuing operations was INR 22.38 compared to INR 23.37 a year ago.