Raasi Refractories 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 169.07 million compared to INR 111.27 million a year ago. Revenue was INR 169.07 million compared to INR 108.53 million a year ago. Net income was INR 45.51 million compared to net loss of INR 14.74 million a year ago. Basic earnings per share from continuing operations was INR 9.66 compared to basic loss per share from continuing operations of INR 3.13 a year ago.
For the six months, sales was INR 192.48 million compared to INR 201.97 million a year ago. Revenue was INR 192.51 million compared to INR 202 million a year ago. Net income was INR 23.01 million compared to net loss of INR 39.88 million a year ago. Basic earnings per share from continuing operations was INR 4.88 compared to basic loss per share from continuing operations of INR 8.46 a year ago.