Raama Paper Mills Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 248.14 million compared to INR 220.14 million a year ago. Revenue was INR 254.18 million compared to INR 220.14 million a year ago. Net income was INR 5.92 million compared to net loss of INR 37.31 million a year ago. Basic earnings per share from continuing operations was INR 0.61 compared to basic loss per share from continuing operations of INR 3.86 a year ago. Diluted earnings per share from continuing operations was INR 0.61 compared to diluted loss per share from continuing operations of INR 3.86 a year ago.
For the six months, sales was INR 485.74 million compared to INR 307.83 million a year ago. Revenue was INR 541.73 million compared to INR 307.83 million a year ago. Net income was INR 38.47 million compared to net loss of INR 44.03 million a year ago. Basic earnings per share from continuing operations was INR 3.98 compared to basic loss per share from continuing operations of INR 4.56 a year ago. Diluted earnings per share from continuing operations was INR 3.98 compared to diluted loss per share from continuing operations of INR 4.56 a year ago.