R & B Denims 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 652.19 million compared to INR 279.03 million a year ago. Revenue was INR 667.72 million compared to INR 303.05 million a year ago. Net income was INR 35.59 million compared to INR 54.17 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 0.77 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to INR 0.77 a year ago.
For the six months, sales was INR 1,171.68 million compared to INR 1,435.73 million a year ago. Revenue was INR 1,192.05 million compared to INR 1,475.55 million a year ago. Net income was INR 86.89 million compared to INR 124.06 million a year ago. Basic earnings per share from continuing operations was INR 1.24 compared to INR 1.77 a year ago. Diluted earnings per share from continuing operations was INR 1.24 compared to INR 1.77 a year ago.