Vishal Bearings 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 300.1 million compared to INR 308.69 million a year ago. Revenue was INR 302.65 million compared to INR 312.39 million a year ago. Net income was INR 14.7 million compared to INR 22.15 million a year ago. Basic earnings per share from continuing operations was INR 1.6 compared to INR 2.27 a year ago. Diluted earnings per share from continuing operations was INR 1.6 compared to INR 2.27 a year ago.
For the six months, sales was INR 540.26 million compared to INR 504.65 million a year ago. Revenue was INR 543.21 million compared to INR 510 million a year ago. Net income was INR 5.92 million compared to INR 22.93 million a year ago. Basic earnings per share from continuing operations was INR 0.48 compared to INR 2.52 a year ago. Diluted earnings per share from continuing operations was INR 0.48 compared to INR 2.52 a year ago.