Inertia Steel 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 0.9545 million compared to INR 0.92439 million a year ago. Revenue was INR 0.9545 million compared to INR 0.92439 million a year ago. Net income was INR 0.01679 million compared to net loss of INR 0.05201 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to basic loss per share from continuing operations of INR 0.21 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to diluted loss per share from continuing operations of INR 0.21 a year ago.
For the six months, sales was INR 1.88 million compared to INR 1.72 million a year ago. Revenue was INR 1.89 million compared to INR 1.72 million a year ago. Net income was INR 0.05489 million compared to net loss of INR 0.44565 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to basic loss per share from continuing operations of INR 1.79 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to diluted loss per share from continuing operations of INR 1.79 a year ago.