Universal Starch-Chem Allied 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 1,194.07 million compared to INR 1,125.02 million a year ago. Revenue was INR 120.46 million compared to INR 1,132.39 million a year ago. Net income was INR 1.52 million compared to INR 32.86 million a year ago. Basic earnings per share from continuing operations was INR 0.36 compared to INR 7.82 a year ago. Diluted earnings per share from continuing operations was INR 0.36 compared to INR 7.82 a year ago.
For the six months, sales was INR 2,553.07 million compared to INR 2,189.39 million a year ago. Revenue was INR 2,567.91 million compared to INR 2,198.65 million a year ago. Net income was INR 18.13 million compared to INR 45.02 million a year ago. Basic earnings per share from continuing operations was INR 4.32 compared to INR 10.72 a year ago. Diluted earnings per share from continuing operations was INR 4.32 compared to INR 10.72 a year ago.