Coral Laboratories 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 231.49 million compared to INR 256.99 million a year ago. Revenue was INR 249.59 million compared to INR 279.05 million a year ago. Net income was INR 60.04 million compared to INR 48.95 million a year ago. Basic earnings per share from continuing operations was INR 16.81 compared to INR 13.7 a year ago.
For the six months, sales was INR 366.96 million compared to INR 419.54 million a year ago. Revenue was INR 397.97 million compared to INR 461.87 million a year ago. Net income was INR 78.46 million compared to INR 64.8 million a year ago. Basic earnings per share from continuing operations was INR 21.96 compared to INR 18.14 a year ago.