Resonance Specialties 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 101.42 million compared to INR 150.89 million a year ago. Revenue was INR 103.9 million compared to INR 158.16 million a year ago. Net income was INR 4.63 million compared to INR 13.79 million a year ago. Basic earnings per share from continuing operations was INR 0.39 compared to INR 1.24 a year ago. Diluted earnings per share from continuing operations was INR 0.39 compared to INR 1.24 a year ago.
For the six months, sales was INR 236.03 million compared to INR 308.74 million a year ago. Revenue was INR 239.94 million compared to INR 324.82 million a year ago. Net income was INR 13.38 million compared to INR 28.94 million a year ago. Basic earnings per share from continuing operations was INR 1.14 compared to INR 2.53 a year ago. Diluted earnings per share from continuing operations was INR 1.14 compared to INR 2.53 a year ago.