Kanishk Steel 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 901.57 million compared to INR 1,040.68 million a year ago. Revenue was INR 920.52 million compared to INR 1,155.712 million a year ago. Net income was INR 23.31 million compared to INR 110.96 million a year ago. Basic earnings per share from continuing operations was INR 0.82 compared to INR 3.902 a year ago. Diluted earnings per share from continuing operations was INR 0.82 compared to INR 3.902 a year ago.
For the six months, sales was INR 1,978.18 million compared to INR 1,948.99 million a year ago. Revenue was INR 2,007.92 million compared to INR 2,064.4 million a year ago. Net income was INR 37.41 million compared to INR 114.4 million a year ago. Basic earnings per share from continuing operations was INR 1.316 compared to INR 4.023 a year ago. Diluted earnings per share from continuing operations was INR 1.316 compared to INR 4.023 a year ago.