Ponni Sugars (Erode) 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 1,495.1 million compared to INR 899.3 million a year ago. Revenue was INR 1,579.2 million compared to INR 927.7 million a year ago. Net income was INR 217.3 million compared to INR 130.1 million a year ago. Basic earnings per share from continuing operations was INR 25.27 compared to INR 15.13 a year ago. Diluted earnings per share from continuing operations was INR 25.27 compared to INR 15.13 a year ago.
For the six months, sales was INR 2,339.8 million compared to INR 1,546.6 million a year ago. Revenue was INR 2,460.1 million compared to INR 1,580.6 million a year ago. Net income was INR 238.9 million compared to INR 175.8 million a year ago. Basic earnings per share from continuing operations was INR 27.78 compared to INR 20.44 a year ago. Diluted earnings per share from continuing operations was INR 27.78 compared to INR 20.44 a year ago.