D-Link Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 28, 2023 at 10:05 am
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D-Link (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 3,081.59 million compared to INR 2,936.83 million a year ago. Revenue was INR 3,113.9 million compared to INR 2,947.83 million a year ago. Net income was INR 236.24 million compared to INR 227.01 million a year ago. Basic earnings per share from continuing operations was INR 6.66 compared to INR 6.39 a year ago. Diluted earnings per share from continuing operations was INR 6.66 compared to INR 6.39 a year ago.
For the six months, sales was INR 6,078.07 million compared to INR 5,893.27 million a year ago. Revenue was INR 6,140.12 million compared to INR 5,917.97 million a year ago. Net income was INR 445.82 million compared to INR 388.86 million a year ago. Basic earnings per share from continuing operations was INR 12.56 compared to INR 10.95 a year ago. Diluted earnings per share from continuing operations was INR 12.56 compared to INR 10.95 a year ago.
D-Link (India) Limited is an India-based networking company. The Company is engaged in the in designing and developing networking and connectivity products for consumers, small businesses, medium to large-sized enterprises, and service providers. The Company is involved in marketing and distribution of D-Link branded networking products. Its operating activities include the research, development, and sale of local area computer network systems, wireless local area computer networks (LANs) and spare parts for integrated circuits. It implements and supports unified network solutions that integrate capabilities in switching, wireless, broadband storage, IP surveillance, cloud-based network management, and structured cabling. The Company produces switches, routers, modems, voice over Internet protocol products, surveillance equipment, print servers, ethernet cards and broadband equipment. The Company's subsidiary is TeamF1 Networks Private Limited.