International Conveyors 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 427.6 million compared to INR 660 million a year ago. Revenue was INR 643.4 million compared to INR 690.5 million a year ago. Net income was INR 229 million compared to INR 72.2 million a year ago. Basic earnings per share from continuing operations was INR 3.6 compared to INR 1.07 a year ago. Diluted earnings per share from continuing operations was INR 3.6 compared to INR 1.07 a year ago.
For the six months, sales was INR 854.2 million compared to INR 1,218.8 million a year ago. Revenue was INR 1,213.4 million compared to INR 1,281.1 million a year ago. Net income was INR 370.1 million compared to INR 142 million a year ago. Basic earnings per share from continuing operations was INR 5.81 compared to INR 2.1 a year ago. Diluted earnings per share from continuing operations was INR 5.81 compared to INR 2.1 a year ago.