Ganga Papers India 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 569.37 million compared to INR 711.48 million a year ago. Revenue was INR 570.37 million compared to INR 712.06 million a year ago. Net income was INR 2.71 million compared to INR 12.71 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to INR 1.18 a year ago.
For the six months, sales was INR 1,190.96 million compared to INR 1,574.38 million a year ago. Revenue was INR 1,192.32 million compared to INR 1,575.38 million a year ago. Net income was INR 5.77 million compared to INR 25.86 million a year ago. Basic earnings per share from continuing operations was INR 0.53 compared to INR 2.4 a year ago.