Anik Industries 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 148.77 million compared to INR 265.43 million a year ago. Revenue was INR 151.74 million compared to INR 269.67 million a year ago. Net loss was INR 4.81 million compared to net income of INR 1.48 million a year ago. Basic loss per share from continuing operations was INR 0.17 compared to basic earnings per share from continuing operations of INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 0.17 compared to diluted earnings per share from continuing operations of INR 0.05 a year ago.
For the six months, sales was INR 329.18 million compared to INR 808.18 million a year ago. Revenue was INR 340.48 million compared to INR 823.57 million a year ago. Net income was INR 31.45 million compared to INR 58.34 million a year ago. Basic earnings per share from continuing operations was INR 1.13 compared to INR 2.1 a year ago. Diluted earnings per share from continuing operations was INR 1.13 compared to INR 2.1 a year ago.