Fedders Electric and Engineering 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 1,235.1 million compared to INR 202.2 million a year ago. Revenue was INR 1,465.1 million compared to INR 252.9 million a year ago. Net income was INR 329.8 million compared to INR 70.3 million a year ago. Basic earnings per share from continuing operations was INR 10.99 compared to INR 2.34 a year ago. Diluted earnings per share from continuing operations was INR 10.99 compared to INR 2.34 a year ago.
For the six months, sales was INR 1,972.1 million compared to INR 342.7 million a year ago. Revenue was INR 2,239.8 million compared to INR 404.3 million a year ago. Net income was INR 362.2 million compared to INR 62.5 million a year ago. Basic earnings per share from continuing operations was INR 12.07 compared to INR 2.08 a year ago. Diluted earnings per share from continuing operations was INR 12.07 compared to INR 2.08 a year ago.