Polymechplast Machines 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 156.85 million compared to INR 205.24 million a year ago. Revenue was INR 158.29 million compared to INR 206.85 million a year ago. Net income was INR 6.51 million compared to INR 8.55 million a year ago. Basic earnings per share from continuing operations was INR 1.16 compared to INR 1.53 a year ago. Diluted earnings per share from continuing operations was INR 1.16 compared to INR 1.53 a year ago.
For the six months, sales was INR 279.4 million compared to INR 349.28 million a year ago. Revenue was INR 282.66 million compared to INR 352.32 million a year ago. Net income was INR 1.09 million compared to INR 12.31 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to INR 2.2 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to INR 2.2 a year ago.