Modi Rubber Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 62.56 million compared to INR 38.36 million a year ago. Net income was INR 31.76 million compared to INR 62.97 million a year ago. Basic earnings per share from continuing operations was INR 1.27 compared to INR 2.51 a year ago. Diluted earnings per share from continuing operations was INR 1.27 compared to INR 2.51 a year ago.
For the six months, revenue was INR 155.97 million compared to INR 57.47 million a year ago. Net income was INR 67.84 million compared to INR 160.89 million a year ago. Basic earnings per share from continuing operations was INR 2.71 compared to INR 6.43 a year ago. Diluted earnings per share from continuing operations was INR 2.71 compared to INR 6.43 a year ago.