Ultramarine & Pigments 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 1,462.9 million compared to INR 1,516.6 million a year ago. Revenue was INR 1,512.2 million compared to INR 1,586.6 million a year ago. Net income was INR 172.5 million compared to INR 217.8 million a year ago. Basic earnings per share from continuing operations was INR 5.91 compared to INR 7.46 a year ago. Diluted earnings per share from continuing operations was INR 5.91 compared to INR 7.46 a year ago.
For the six months, sales was INR 2,768.1 million compared to INR 2,821.8 million a year ago. Revenue was INR 2,835.5 million compared to INR 2,904.8 million a year ago. Net income was INR 337.9 million compared to INR 388.8 million a year ago. Basic earnings per share from continuing operations was INR 11.57 compared to INR 13.31 a year ago. Diluted earnings per share from continuing operations was INR 11.57 compared to INR 13.31 a year ago.