Deepak Spinners 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 1,331.2 million compared to INR 1,579.6 million a year ago. Revenue was INR 1,341.5 million compared to INR 1,585.6 million a year ago. Net income was INR 25.4 million compared to INR 130.9 million a year ago. Basic earnings per share from continuing operations was INR 3.53 compared to INR 18.21 a year ago.
For the six months, sales was INR 2,461.9 million compared to INR 3,134.1 million a year ago. Revenue was INR 2,475.9 million compared to INR 314,228.1 million a year ago. Net income was INR 47.4 million compared to INR 255.5 million a year ago. Basic earnings per share from continuing operations was INR 6.59 compared to INR 35.54 a year ago.