Tai 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 278.5 million compared to INR 696.78 million a year ago. Revenue was INR 293.25 million compared to INR 714.58 million a year ago. Net income was INR 6.66 million compared to INR 14.34 million a year ago. Basic earnings per share from continuing operations was INR 1.11 compared to INR 2.39 a year ago. Diluted earnings per share from continuing operations was INR 1.11 compared to INR 2.39 a year ago.
For the six months, sales was INR 876.08 million compared to INR 1,313.9 million a year ago. Revenue was INR 895.25 million compared to INR 1,334.01 million a year ago. Net income was INR 6.77 million compared to INR 17.62 million a year ago. Basic earnings per share from continuing operations was INR 1.13 compared to INR 2.94 a year ago. Diluted earnings per share from continuing operations was INR 1.13 compared to INR 2.94 a year ago.