Madras Fertilizers 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 9,121 million compared to INR 3,821.7 million a year ago. Revenue was INR 9,148.5 million compared to INR 3,841.6 million a year ago. Net income was INR 239.2 million compared to net loss of INR 114.3 million a year ago. Basic earnings per share from continuing operations was INR 1.46 compared to basic loss per share from continuing operations of INR 0.71 a year ago. Diluted earnings per share from continuing operations was INR 1.46 compared to diluted loss per share from continuing operations of INR 0.71 a year ago.
For the six months, sales was INR 17,251.5 million compared to INR 8,770.2 million a year ago. Revenue was INR 17,295.7 million compared to INR 8,799 million a year ago. Net income was INR 869.4 million compared to INR 134.2 million a year ago. Basic earnings per share from continuing operations was INR 5.4 compared to INR 0.83 a year ago. Diluted earnings per share from continuing operations was INR 5.4 compared to INR 0.83 a year ago.