Chemtech Industrial Valves 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 45.86 million compared to INR 40.83 million a year ago. Revenue was INR 45.91 million compared to INR 41.16 million a year ago. Net income was INR 5.55 million compared to INR 0.219 million a year ago. Basic earnings per share from continuing operations was INR 0.48 compared to INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.48 compared to INR 0.02 a year ago.
For the six months, sales was INR 102.02 million compared to INR 80.59 million a year ago. Revenue was INR 104.37 million compared to INR 85.25 million a year ago. Net income was INR 19.16 million compared to INR 3.57 million a year ago. Basic earnings per share from continuing operations was INR 1.67 compared to INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 1.67 compared to INR 0.31 a year ago.