Eimco Elecon (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 511.15 million compared to INR 368.94 million a year ago. Revenue was INR 543.42 million compared to INR 404.45 million a year ago. Net income was INR 107.98 million compared to INR 60.99 million a year ago. Basic earnings per share from continuing operations was INR 18.72 compared to INR 10.57 a year ago. Diluted earnings per share from continuing operations was INR 18.72 compared to INR 10.57 a year ago.
For the six months, sales was INR 948.98 million compared to INR 703.73 million a year ago. Revenue was INR 1,026.89 million compared to INR 741.14 million a year ago. Net income was INR 161.62 million compared to INR 48.02 million a year ago. Basic earnings per share from continuing operations was INR 28.02 compared to INR 8.32 a year ago. Diluted earnings per share from continuing operations was INR 28.02 compared to INR 8.32 a year ago.