Stovec Industries Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was INR 643.19 million compared to INR 504.51 million a year ago. Revenue was INR 658.84 million compared to INR 515.22 million a year ago. Net income was INR 125.4 million compared to INR 68.21 million a year ago. Basic earnings per share from continuing operations was INR 60.06 compared to INR 32.67 a year ago. Diluted earnings per share from continuing operations was INR 60.06 compared to INR 32.67 a year ago.
For the six months, sales was INR 1,303.13 million compared to INR 1,152.08 million a year ago. Revenue was INR 1,331.21 million compared to INR 1,184.91 million a year ago. Net income was INR 222.24 million compared to INR 175.34 million a year ago. Basic earnings per share from continuing operations was INR 106.44 compared to INR 83.97 a year ago. Diluted earnings per share from continuing operations was INR 106.44 compared to INR 83.97 a year ago.