Surat Trade and Mercantile 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 166.1 million. Revenue was INR 211.6 million compared to INR 33.34 million a year ago. Net income was INR 18.39 million compared to INR 19.82 million a year ago. Basic earnings per share from continuing operations was INR 0.08 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.08 compared to INR 0.09 a year ago. Basic earnings per share was INR 0.08 compared to INR 0.09 a year ago. Diluted earnings per share was INR 0.08 compared to INR 0.09 a year ago.
For the six months, sales was INR 302.31 million. Revenue was INR 414.67 million compared to INR 39.31 million a year ago. Net income was INR 45.84 million compared to INR 617.89 million a year ago. Basic earnings per share from continuing operations was INR 0.21 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.21 compared to INR 0.04 a year ago. Basic earnings per share was INR 0.21 compared to INR 2.79 a year ago. Diluted earnings per share was INR 0.21 compared to INR 2.79 a year ago.