Commercial Syn Bags 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 682.64 million compared to INR 724.02 million a year ago. Revenue was INR 688.24 million compared to INR 727.11 million a year ago. Net income was INR 23.49 million compared to INR 1.02 million a year ago. Basic earnings per share from continuing operations was INR 0.58 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.58.
For the six months, sales was INR 1,477.36 million compared to INR 1,647.26 million a year ago. Revenue was INR 1,485.61 million compared to INR 1,655.63 million a year ago. Net income was INR 48.94 million compared to INR 41.83 million a year ago. Basic earnings per share from continuing operations was INR 1.22. Diluted earnings per share from continuing operations was INR 1.22.