The State Trading Corporation of India Ltd. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 206.75 million compared to INR 202.58 million a year ago. Net income was INR 79.27 million compared to net loss of INR 777.58 million a year ago. Basic earnings per share from continuing operations was INR 1.32 compared to basic loss per share from continuing operations of INR 12.96 a year ago. Diluted earnings per share from continuing operations was INR 1.32 compared to diluted loss per share from continuing operations of INR 12.96 a year ago.
For the six months, revenue was INR 396.79 million compared to INR 343.75 million a year ago. Net income was INR 156.3 million compared to net loss of INR 803.42 million a year ago. Basic earnings per share from continuing operations was INR 2.6 compared to basic loss per share from continuing operations of INR 13.39 a year ago. Diluted earnings per share from continuing operations was INR 2.6 compared to diluted loss per share from continuing operations of INR 13.39 a year ago.