Elitecon International 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 32.16 million compared to INR 249.85 million a year ago. Revenue was INR 32.2 million compared to INR 250.77 million a year ago. Net income was INR 12.54 million compared to net loss of INR 124.79 million a year ago. Basic earnings per share from continuing operations was INR 10.36 compared to basic loss per share from continuing operations of INR 103.14 a year ago. Diluted earnings per share from continuing operations was INR 10.36 compared to diluted loss per share from continuing operations of INR 103.14 a year ago.
For the six months, sales was INR 25.02 million compared to INR 450.54 million a year ago. Revenue was INR 25.06 million compared to INR 451.5 million a year ago. Net loss was INR 12.86 million compared to INR 120.7 million a year ago. Basic loss per share from continuing operations was INR 10.63 compared to INR 99.75 a year ago. Diluted loss per share from continuing operations was INR 10.63 compared to INR 99.75 a year ago.