NLC India 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 29,775.3 million compared to INR 34,892.8 million a year ago. Revenue was INR 32,340.3 million compared to INR 35,791.5 million a year ago. Net income was INR 10,847 million compared to INR 4,109.2 million a year ago. Basic earnings per share from continuing operations was INR 7.83 compared to INR 3.01 a year ago. Diluted earnings per share from continuing operations was INR 7.83 compared to INR 3.01 a year ago.
For the six months, sales was INR 62,940.2 million compared to INR 73,521.9 million a year ago. Revenue was INR 66,625.1 million compared to INR 75,451.6 million a year ago. Net income was INR 14,894.2 million compared to INR 9,727.5 million a year ago. Basic earnings per share from continuing operations was INR 10.81 compared to INR 7.11 a year ago. Diluted earnings per share from continuing operations was INR 10.81 compared to INR 7.11 a year ago.