The Phosphate Company 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 379.37 million compared to INR 337.22 million a year ago. Revenue was INR 379.71 million compared to INR 337.85 million a year ago. Net income was INR 11.11 million compared to net loss of INR 39.4 million a year ago. Basic earnings per share from continuing operations was INR 3.08 compared to basic loss per share from continuing operations of INR 10.92 a year ago. Diluted earnings per share from continuing operations was INR 3.08 compared to diluted loss per share from continuing operations of INR 10.92 a year ago.
For the six months, sales was INR 480.64 million compared to INR 508.61 million a year ago. Revenue was INR 481.37 million compared to INR 518.06 million a year ago. Net income was INR 2.88 million compared to net loss of INR 39.04 million a year ago. Basic earnings per share from continuing operations was INR 0.8 compared to basic loss per share from continuing operations of INR 10.82 a year ago. Diluted earnings per share from continuing operations was INR 0.8 compared to diluted loss per share from continuing operations of INR 10.82 a year ago.