IEL Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 39.39 million compared to INR 3.48 million a year ago. Revenue was INR 39.39 million compared to INR 4.68 million a year ago. Net income was INR 13.41 million compared to INR 0.266 million a year ago. Basic earnings per share from continuing operations was INR 40.2 compared to INR 0.8 a year ago. Diluted earnings per share from continuing operations was INR 40.2 compared to INR 0.8 a year ago.
For the six months, sales was INR 41.32 million compared to INR 6.33 million a year ago. Revenue was INR 41.32 million compared to INR 7.76 million a year ago. Net income was INR 14.92 million compared to net loss of INR 0.119 million a year ago. Basic earnings per share from continuing operations was INR 44.7 compared to basic loss per share from continuing operations of INR 0.4 a year ago. Diluted earnings per share from continuing operations was INR 44.7 compared to diluted loss per share from continuing operations of INR 0.4 a year ago.