Sumit Woods 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 207.44 million compared to INR 106.75 million a year ago. Revenue was INR 211.39 million compared to INR 108.95 million a year ago. Net income was INR 12.86 million compared to net loss of INR 4.39 million a year ago. Basic earnings per share from continuing operations was INR 0.42 compared to basic loss per share from continuing operations of INR 0.14 a year ago.
For the six months, sales was INR 338.4 million compared to INR 220.28 million a year ago. Revenue was INR 344.13 million compared to INR 224.43 million a year ago. Net income was INR 28.34 million compared to net loss of INR 8.5 million a year ago. Basic earnings per share from continuing operations was INR 0.93 compared to basic loss per share from continuing operations of INR 0.28 a year ago.