Tata Steel Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 595,125.4 million compared to INR 599,493.3 million a year ago. Revenue was INR 602,067.8 million compared to INR 606,579.8 million a year ago. Net income was INR 15,144.2 million compared to INR 119,181.1 million a year ago. Basic earnings per share from continuing operations was INR 1.24 compared to INR 9.92 a year ago. Diluted earnings per share from continuing operations was INR 1.24 compared to INR 9.91 a year ago.
For the six months, sales was INR 1,226,408.6 million compared to INR 1,130,915.5 million a year ago. Revenue was INR 1,239,049.3 million compared to INR 1,142,856.4 million a year ago. Net income was INR 92,793.8 million compared to INR 208,250.6 million a year ago. Basic earnings per share from continuing operations was INR 7.6 compared to INR 17.34 a year ago. Diluted earnings per share from continuing operations was INR 7.6 compared to INR 17.32 a year ago.