Kay Power and Paper 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 81.88 million compared to INR 129.5 million a year ago. Revenue was INR 86.27 million compared to INR 130.67 million a year ago. Net income was INR 2.84 million compared to INR 5.45 million a year ago. Basic earnings per share from continuing operations was INR 0.27 compared to INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to INR 0.51 a year ago.
For the six months, sales was INR 157.56 million compared to INR 257.18 million a year ago. Revenue was INR 166.44 million compared to INR 258.42 million a year ago. Net income was INR 2.99 million compared to INR 10.8 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 1.02 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 1.02 a year ago.