Menon Bearings 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 514.25 million compared to INR 485.21 million a year ago. Revenue was INR 524.98 million compared to INR 489.82 million a year ago. Net income was INR 68.97 million compared to INR 58.8 million a year ago. Basic earnings per share from continuing operations was INR 1.23 compared to INR 1.05 a year ago. Diluted earnings per share from continuing operations was INR 1.23 compared to INR 1.05 a year ago.
For the six months, sales was INR 1,134.22 million compared to INR 947.34 million a year ago. Revenue was INR 1,154.71 million compared to INR 960.21 million a year ago. Net income was INR 156.69 million compared to INR 124.5 million a year ago. Basic earnings per share from continuing operations was INR 2.8 compared to INR 2.22 a year ago. Diluted earnings per share from continuing operations was INR 2.8 compared to INR 2.22 a year ago.