Wheels India 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 11,891.2 million compared to INR 9,730.8 million a year ago. Revenue was INR 11,893.2 million compared to INR 9,737.4 million a year ago. Net income was INR 119.4 million compared to INR 205.8 million a year ago. Basic earnings per share from continuing operations was INR 4.96 compared to INR 8.55 a year ago. Diluted earnings per share from continuing operations was INR 4.96 compared to INR 8.55 a year ago.
For the six months, sales was INR 23,228 million compared to INR 17,021.8 million a year ago. Revenue was INR 23,266.8 million compared to INR 17,074 million a year ago. Net income was INR 221 million compared to INR 303.5 million a year ago. Basic earnings per share from continuing operations was INR 9.18 compared to INR 12.61 a year ago. Diluted earnings per share from continuing operations was INR 9.18 compared to INR 12.61 a year ago.