Sibar Auto Parts 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 68.92 million compared to INR 50.08 million a year ago. Revenue was INR 69.4 million compared to INR 50.26 million a year ago. Net income was INR 0.426 million compared to net loss of INR 0.41 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to basic loss per share from continuing operations of INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to diluted loss per share from continuing operations of INR 0.02 a year ago.
For the six months, sales was INR 136.72 million compared to INR 76.05 million a year ago. Revenue was INR 138.08 million compared to INR 76.33 million a year ago. Net income was INR 0.845 million compared to net loss of INR 7.17 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to basic loss per share from continuing operations of INR 0.43 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to diluted loss per share from continuing operations of INR 0.43 a year ago.