Banco Products (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 7,179.1 million compared to INR 6,199.7 million a year ago. Revenue was INR 7,276.4 million compared to INR 6,380.7 million a year ago. Net income was INR 661.1 million compared to INR 517.3 million a year ago. Basic earnings per share from continuing operations was INR 9.24 compared to INR 7.23 a year ago.
For the six months, sales was INR 14,593.1 million compared to INR 11,964.9 million a year ago. Revenue was INR 14,933.7 million compared to INR 12,248.9 million a year ago. Net income was INR 1,349.2 million compared to INR 863.2 million a year ago. Basic earnings per share from continuing operations was INR 18.86 compared to INR 12.07 a year ago.