Simplex Castings 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 264.82 million compared to INR 257.04 million a year ago. Revenue was INR 272.08 million compared to INR 257.83 million a year ago. Net income was INR 2.13 million compared to INR 56.29 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to INR 9.18 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to INR 9.18 a year ago.
For the six months, sales was INR 611.78 million compared to INR 418.91 million a year ago. Revenue was INR 625.05 million compared to INR 420.72 million a year ago. Net income was INR 6.53 million compared to net loss of INR 46.41 million a year ago. Basic earnings per share from continuing operations was INR 1.06 compared to basic loss per share from continuing operations of INR 7.57 a year ago. Diluted earnings per share from continuing operations was INR 1.06 compared to diluted loss per share from continuing operations of INR 7.57 a year ago.