TRF 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 384.78 million compared to INR 536.05 million a year ago. Revenue was INR 510.12 million compared to INR 783.86 million a year ago. Net income was INR 183.35 million compared to INR 533.52 million a year ago. Basic earnings per share from continuing operations was INR 15.31 compared to INR 43.53 a year ago. Diluted earnings per share from continuing operations was INR 13.35 compared to INR 37.94 a year ago. Basic earnings per share was INR 16.66 compared to INR 48.49 a year ago. Diluted earnings per share was INR 14.53 compared to INR 42.26 a year ago.
For the six months, sales was INR 719.82 million compared to INR 949.96 million a year ago. Revenue was INR 863.41 million compared to INR 1,323.06 million a year ago. Net income was INR 270.94 million compared to INR 723.18 million a year ago. Basic earnings per share from continuing operations was INR 22.25 compared to INR 60.36 a year ago. Diluted earnings per share from continuing operations was INR 19.4 compared to INR 54.1 a year ago. Basic earnings per share was INR 24.62 compared to INR 65.72 a year ago. Diluted earnings per share was INR 21.47 compared to INR 58.9 a year ago.