Jumbo Bag 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 274.57 million compared to INR 323.91 million a year ago. Revenue was INR 275.15 million compared to INR 324.53 million a year ago. Net income was INR 4.53 million compared to INR 3.96 million a year ago. Basic earnings per share from continuing operations was INR 0.54 compared to INR 0.47 a year ago.
For the six months, sales was INR 517.34 million compared to INR 634 million a year ago. Revenue was INR 518.96 million compared to INR 635.95 million a year ago. Net income was INR 8.88 million compared to INR 9.63 million a year ago. Basic earnings per share from continuing operations was INR 1.06 compared to INR 1.15 a year ago.