Nibe 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 411.81 million compared to INR 172.16 million a year ago. Revenue was INR 415.72 million compared to INR 178.2 million a year ago. Net income was INR 28 million compared to INR 10.95 million a year ago. Basic earnings per share from continuing operations was INR 2.36 compared to INR 1.05 a year ago.
For the six months, sales was INR 669.78 million compared to INR 275.03 million a year ago. Revenue was INR 675.96 million compared to INR 281.3 million a year ago. Net income was INR 36.28 million compared to INR 12.92 million a year ago. Basic earnings per share from continuing operations was INR 3.06 compared to INR 1.25 a year ago.