Gini Silk Mills 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 117.21 million compared to INR 124.13 million a year ago. Revenue was INR 123.04 million compared to INR 131 million a year ago. Net income was INR 11.1 million compared to INR 4.76 million a year ago. Basic earnings per share from continuing operations was INR 1.99.
For the six months, sales was INR 216.15 million compared to INR 230.78 million a year ago. Revenue was INR 228.62 million compared to INR 238.58 million a year ago. Net income was INR 17.35 million compared to INR 3.15 million a year ago. Basic earnings per share from continuing operations was INR 3.1 compared to INR 0.56 a year ago.