Narbada Gems and Jewellery 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 203.88 million compared to INR 219.68 million a year ago. Revenue was INR 203.55 million compared to INR 220.99 million a year ago. Net income was INR 5.57 million compared to INR 7.2 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 0.38 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 0.33 a year ago.
For the six months, sales was INR 436.34 million compared to INR 444.76 million a year ago. Revenue was INR 437.24 million compared to INR 446.85 million a year ago. Net income was INR 31.04 million compared to INR 30.45 million a year ago. Basic earnings per share from continuing operations was INR 1.47 compared to INR 1.6 a year ago. Diluted earnings per share from continuing operations was INR 1.47 compared to INR 1.33 a year ago.