Milkfood 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 1,058 million compared to INR 1,034 million a year ago. Revenue was INR 1,083.7 million compared to INR 1,066.4 million a year ago. Net income was INR 34.5 million compared to INR 49.3 million a year ago. Basic earnings per share from continuing operations was INR 7.06 compared to INR 10.08 a year ago. Diluted earnings per share from continuing operations was INR 6.73 compared to INR 10.08 a year ago.
For the six months, sales was INR 2,002.6 million compared to INR 1,835.5 million a year ago. Revenue was INR 2,085.7 million compared to INR 1,868.7 million a year ago. Net income was INR 20.7 million compared to INR 30.8 million a year ago. Basic earnings per share from continuing operations was INR 4.24 compared to INR 6.3 a year ago. Diluted earnings per share from continuing operations was INR 4.04 compared to INR 6.3 a year ago.