Ashok Alco-Chem 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 74.7 million compared to INR 46.87 million a year ago. Revenue was INR 85.42 million compared to INR 56.43 million a year ago. Net income was INR 4.5 million compared to net loss of INR 2.96 million a year ago. Basic earnings per share from continuing operations was INR 0.98 compared to basic loss per share from continuing operations of INR 0.64 a year ago.
For the six months, sales was INR 153.02 million compared to INR 88.37 million a year ago. Revenue was INR 166.75 million compared to INR 105.07 million a year ago. Net income was INR 4.17 million compared to INR 3.22 million a year ago. Basic earnings per share from continuing operations was INR 0.91 compared to INR 0.7 a year ago.