Medico Remedies 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 423.56 million compared to INR 404.62 million a year ago. Revenue was INR 433.13 million compared to INR 420.13 million a year ago. Net income was INR 24.26 million compared to INR 28.68 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to INR 0.35 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to INR 0.35 a year ago.
For the six months, sales was INR 738.26 million compared to INR 736 million a year ago. Revenue was INR 750.97 million compared to INR 767.46 million a year ago. Net income was INR 37.46 million compared to INR 32.26 million a year ago. Basic earnings per share from continuing operations was INR 0.45 compared to INR 0.39 a year ago. Diluted earnings per share from continuing operations was INR 0.45 compared to INR 0.39 a year ago.