Terai Tea Company 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 213.87 million compared to INR 105.66 million a year ago. Revenue was INR 232.73 million compared to INR 215.1 million a year ago. Net income was INR 24.85 million compared to INR 102.09 million a year ago. Basic earnings per share from continuing operations was INR 3.6 compared to INR 14.79 a year ago. Diluted earnings per share from continuing operations was INR 3.6 compared to INR 14.79 a year ago.
For the six months, sales was INR 342.56 million compared to INR 161.32 million a year ago. Revenue was INR 345.33 million compared to INR 276.89 million a year ago. Net income was INR 16.73 million compared to INR 117.51 million a year ago. Basic earnings per share from continuing operations was INR 2.42 compared to INR 17.02 a year ago. Diluted earnings per share from continuing operations was INR 2.42 compared to INR 17.02 a year ago.