The United Nilgiri Tea Estates Company 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 218.6 million compared to INR 173.82 million a year ago. Revenue was INR 245.72 million compared to INR 205.9 million a year ago. Net income was INR 29.96 million compared to INR 43.25 million a year ago. Basic earnings per share from continuing operations was INR 6 compared to INR 8.66 a year ago.
For the six months, sales was INR 438.91 million compared to INR 366.62 million a year ago. Revenue was INR 482.9 million compared to INR 428.08 million a year ago. Net income was INR 64.57 million compared to INR 83.93 million a year ago. Basic earnings per share from continuing operations was INR 12.92 compared to INR 16.8 a year ago.