Gallantt Ispat 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 9,498.67 million compared to INR 9,313.08 million a year ago. Revenue was INR 9,519.25 million compared to INR 9,357.43 million a year ago. Net income was INR 472.61 million compared to INR 275.39 million a year ago. Basic earnings per share from continuing operations was INR 1.96 compared to INR 1.14 a year ago. Diluted earnings per share from continuing operations was INR 1.96 compared to INR 1.14 a year ago.
For the six months, sales was INR 19,860.42 million compared to INR 19,523.47 million a year ago. Revenue was INR 19,893.92 million compared to INR 19,575.97 million a year ago. Net income was INR 779.8 million compared to INR 520.8 million a year ago. Basic earnings per share from continuing operations was INR 3.23 compared to INR 2.16 a year ago. Diluted earnings per share from continuing operations was INR 3.23 compared to INR 2.16 a year ago.