VBC Ferro Alloys 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 133.9 million compared to INR 359.79 million a year ago. Revenue was INR 135.47 million compared to INR 370.76 million a year ago. Net income was INR 0.535 million compared to INR 1.22 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to INR 0.07 a year ago.
For the six months, sales was INR 234.71 million compared to INR 916.89 million a year ago. Revenue was INR 240.5 million compared to INR 935.56 million a year ago. Net income was INR 2.12 million compared to INR 38.37 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to INR 2.34 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to INR 2.34 a year ago.