Rasandik Engineering Industries India 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 430.81 million compared to INR 524.18 million a year ago. Revenue was INR 478.29 million compared to INR 525.79 million a year ago. Net income was INR 28.12 million compared to net loss of INR 0.479 million a year ago. Basic earnings per share from continuing operations was INR 4.71 compared to basic loss per share from continuing operations of INR 0.08 a year ago.
For the six months, sales was INR 964.28 million compared to INR 956.18 million a year ago. Revenue was INR 1,011.82 million compared to INR 959.58 million a year ago. Net income was INR 31.29 million compared to net loss of INR 16.31 million a year ago. Basic earnings per share from continuing operations was INR 5.24 compared to basic loss per share from continuing operations of INR 2.73 a year ago.