Axita Cotton 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 3,887.75 million compared to INR 916.42 million a year ago. Revenue was INR 3,914.11 million compared to INR 919.47 million a year ago. Net income was INR 65.06 million compared to INR 22.91 million a year ago. Basic earnings per share from continuing operations was INR 0.2475 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.2475 compared to INR 0.09 a year ago.
For the six months, sales was INR 6,166.44 million compared to INR 2,962.75 million a year ago. Revenue was INR 6,202.97 million compared to INR 2,975.67 million a year ago. Net income was INR 122.53 million compared to INR 67.44 million a year ago. Basic earnings per share from continuing operations was INR 0.4725 compared to INR 0.2625 a year ago. Diluted earnings per share from continuing operations was INR 0.4725 compared to INR 0.2625 a year ago.