Investment & Precision Castings 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 434.64 million compared to INR 437.79 million a year ago. Revenue was INR 449.94 million compared to INR 444.52 million a year ago. Net income was INR 25.27 million compared to INR 4.38 million a year ago. Basic earnings per share from continuing operations was INR 5.05 compared to INR 0.88 a year ago. Diluted earnings per share from continuing operations was INR 5.05 compared to INR 0.88 a year ago.
For the six months, sales was INR 889.16 million compared to INR 819.49 million a year ago. Revenue was INR 917.75 million compared to INR 837 million a year ago. Net income was INR 57.86 million compared to INR 7.3 million a year ago. Basic earnings per share from continuing operations was INR 11.57 compared to INR 1.46 a year ago. Diluted earnings per share from continuing operations was INR 11.57 compared to INR 1.46 a year ago.