Sri Ramakrishna Mills (Coimbatore) 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 139.31 million compared to INR 58.18 million a year ago. Revenue was INR 147.75 million compared to INR 59 million a year ago. Net income was INR 30.85 million compared to net loss of INR 20.17 million a year ago. Basic earnings per share from continuing operations was INR 4.33 compared to basic loss per share from continuing operations of INR 2.83 a year ago. Diluted earnings per share from continuing operations was INR 4.33 compared to diluted loss per share from continuing operations of INR 2.83 a year ago.
For the six months, sales was INR 274.2 million compared to INR 164.56 million a year ago. Revenue was INR 283.7 million compared to INR 166.28 million a year ago. Net income was INR 40.56 million compared to net loss of INR 18.24 million a year ago. Basic earnings per share from continuing operations was INR 5.7 compared to basic loss per share from continuing operations of INR 2.56 a year ago. Diluted earnings per share from continuing operations was INR 5.7 compared to diluted loss per share from continuing operations of INR 2.56 a year ago.