Swadeshi Polytex 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 401.69 million compared to INR 44.82 million a year ago. Revenue was INR 419.89 million compared to INR 49.16 million a year ago. Net income was INR 325.85 million compared to INR 36.35 million a year ago. Basic earnings per share from continuing operations was INR 8.36 compared to INR 0.93 a year ago. Diluted earnings per share from continuing operations was INR 8.36 compared to INR 0.93 a year ago.
For the six months, sales was INR 447.06 million compared to INR 181.77 million a year ago. Revenue was INR 477.38 million compared to INR 189.59 million a year ago. Net income was INR 364.99 million compared to INR 142.56 million a year ago. Basic earnings per share from continuing operations was INR 9.36 compared to INR 3.66 a year ago. Diluted earnings per share from continuing operations was INR 9.36 compared to INR 3.66 a year ago.