TARC 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 297.21 million compared to INR 416.69 million a year ago. Revenue was INR 346.77 million compared to INR 582.15 million a year ago. Net income was INR 10.78 million compared to INR 81.73 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 0.28 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 0.28 a year ago.
For the six months, sales was INR 926.64 million compared to INR 1,095.76 million a year ago. Revenue was INR 992.49 million compared to INR 1,294.87 million a year ago. Net income was INR 81.91 million compared to INR 174.83 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 0.59 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 0.59 a year ago.