Shree Steel Wire Ropes Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 49.98 million compared to INR 42.18 million a year ago. Revenue was INR 50.13 million compared to INR 42.33 million a year ago. Net income was INR 4.01 million compared to net loss of INR 0.086 million a year ago. Basic earnings per share from continuing operations was INR 1.21 compared to basic loss per share from continuing operations of INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 1.21 compared to diluted loss per share from continuing operations of INR 0.03 a year ago.
For the six months, sales was INR 95.94 million compared to INR 67.45 million a year ago. Revenue was INR 96.17 million compared to INR 67.71 million a year ago. Net income was INR 3.49 million compared to net loss of INR 1.3 million a year ago. Basic earnings per share from continuing operations was INR 1.05 compared to basic loss per share from continuing operations of INR 0.39 a year ago. Diluted earnings per share from continuing operations was INR 1.05 compared to diluted loss per share from continuing operations of INR 0.39 a year ago.