Terai Tea Company 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 89.77 million compared to INR 213.87 million a year ago. Revenue was INR 95.45 million compared to INR 232.73 million a year ago. Net income was INR 3.87 million compared to INR 24.85 million a year ago. Basic earnings per share from continuing operations was INR 0.56 compared to INR 3.6 a year ago. Diluted earnings per share from continuing operations was INR 0.56 compared to INR 3.6 a year ago.
For the six months, sales was INR 219.45 million compared to INR 342.56 million a year ago. Revenue was INR 246.85 million compared to INR 345.33 million a year ago. Net income was INR 20.85 million compared to INR 16.73 million a year ago. Basic earnings per share from continuing operations was INR 3.02 compared to INR 2.42 a year ago. Diluted earnings per share from continuing operations was INR 3.02 compared to INR 2.42 a year ago.