Kinetic Engineering 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 345 million compared to INR 321 million a year ago. Revenue was INR 352.2 million compared to INR 327.1 million a year ago. Net income was INR 16.5 million compared to INR 5.4 million a year ago. Basic earnings per share from continuing operations was INR 0.87 compared to INR 0.33 a year ago. Diluted earnings per share from continuing operations was INR 0.87 compared to INR 0.33 a year ago.
For the six months, sales was INR 658 million compared to INR 595.8 million a year ago. Revenue was INR 671.4 million compared to INR 608.2 million a year ago. Net income was INR 5.4 million compared to INR 6.9 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 0.44 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 0.44 a year ago.