APIS India 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 790.82 million compared to INR 986.3 million a year ago. Revenue was INR 796.46 million compared to INR 985.91 million a year ago. Net income was INR 50.89 million compared to INR 74 million a year ago. Basic earnings per share from continuing operations was INR 9.24 compared to INR 13.43 a year ago.
For the six months, sales was INR 1,580.04 million compared to INR 1,667.83 million a year ago. Revenue was INR 1,586.3 million compared to INR 1,669 million a year ago. Net income was INR 140.13 million compared to INR 91.7 million a year ago. Basic earnings per share from continuing operations was INR 25.43 compared to INR 16.64 a year ago.