Tide Water Oil Co. (India) 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 4,480.2 million compared to INR 3,940.6 million a year ago. Revenue was INR 4,511.9 million compared to INR 3,982.1 million a year ago. Net income was INR 204.3 million compared to INR 320 million a year ago. Basic earnings per share from continuing operations was INR 12.02 compared to INR 18.83 a year ago. Diluted earnings per share from continuing operations was INR 12.02 compared to INR 18.83 a year ago.
For the six months, sales was INR 8,868.2 million compared to INR 6,791.6 million a year ago. Revenue was INR 8,938.8 million compared to INR 6,872.3 million a year ago. Net income was INR 541.5 million compared to INR 548.9 million a year ago. Basic earnings per share from continuing operations was INR 31.86 compared to INR 32.3 a year ago. Diluted earnings per share from continuing operations was INR 31.86 compared to INR 32.3 a year ago.