Nitin Fire Protection Industries 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 6.3 million compared to INR 15.2 million a year ago. Revenue was INR 23.84 million compared to INR 47.07 million a year ago. Net income was INR 10.59 million compared to INR 15.74 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 0.05 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 0.05 a year ago.
For the six months, sales was INR 9.51 million compared to INR 18.37 million a year ago. Revenue was INR 27.88 million compared to INR 54.88 million a year ago. Net loss was INR 0.253 million compared to net income of INR 4.4 million a year ago.