Welspun Enterprises 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 6,457.3 million compared to INR 5,304.9 million a year ago. Revenue was INR 6,926.5 million compared to INR 5,529.2 million a year ago. Net income was INR 620.3 million compared to INR 1,321.4 million a year ago. Basic earnings per share from continuing operations was INR 4.78 compared to INR 6.7 a year ago. Diluted earnings per share from continuing operations was INR 4.69 compared to INR 6.68 a year ago. Basic earnings per share was INR 4.56 compared to INR 8.82 a year ago. Diluted earnings per share was INR 4.47 compared to INR 8.79 a year ago.
For the six months, sales was INR 13,444.6 million compared to INR 12,207 million a year ago. Revenue was INR 14,426.9 million compared to INR 12,684.1 million a year ago. Net income was INR 1,538.1 million compared to INR 1,805.5 million a year ago. Basic earnings per share from continuing operations was INR 11.43 compared to INR 8.32 a year ago. Diluted earnings per share from continuing operations was INR 11.29 compared to INR 8.3 a year ago. Basic earnings per share was INR 11.15 compared to INR 12.04 a year ago. Diluted earnings per share was INR 11.01 compared to INR 12.01 a year ago.