Rasi Electrodes 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 215.46 million compared to INR 221.48 million a year ago. Revenue was INR 216.02 million compared to INR 226.48 million a year ago. Net income was INR 9.32 million compared to INR 9.16 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to INR 0.29 a year ago. Diluted earnings per share from continuing operations was INR 0.3 compared to INR 0.29 a year ago.
For the six months, sales was INR 403.42 million compared to INR 439.79 million a year ago. Revenue was INR 406.68 million compared to INR 446.01 million a year ago. Net income was INR 14.69 million compared to INR 15.83 million a year ago. Basic earnings per share from continuing operations was INR 0.47 compared to INR 0.5 a year ago. Diluted earnings per share from continuing operations was INR 0.47 compared to INR 0.5 a year ago.