Mangalam Seeds 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 155.1 million compared to INR 124.04 million a year ago. Revenue was INR 155.17 million compared to INR 124.25 million a year ago. Net income was INR 29.24 million compared to INR 16.11 million a year ago. Basic earnings per share from continuing operations was INR 2.66 compared to INR 1.47 a year ago. Diluted earnings per share from continuing operations was INR 2.66 compared to INR 1.47 a year ago.
For the six months, sales was INR 386.93 million compared to INR 285.18 million a year ago. Revenue was INR 387.14 million compared to INR 285.49 million a year ago. Net income was INR 57.53 million compared to INR 34.71 million a year ago. Basic earnings per share from continuing operations was INR 5.24 compared to INR 3.16 a year ago. Diluted earnings per share from continuing operations was INR 5.24 compared to INR 3.16 a year ago.