M M Forgings 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 3,514.84 million compared to INR 2,660.55 million a year ago. Revenue was INR 3,611.81 million compared to INR 2,770.1 million a year ago. Net income was INR 329.19 million compared to INR 265.22 million a year ago. Basic earnings per share from continuing operations was INR 13.69 compared to INR 10.99 a year ago. Diluted earnings per share from continuing operations was INR 13.69 compared to INR 10.99 a year ago.
For the six months, sales was INR 6,894.8 million compared to INR 5,077.98 million a year ago. Revenue was INR 7,047.97 million compared to INR 5,270.38 million a year ago. Net income was INR 612.35 million compared to INR 494.2 million a year ago. Basic earnings per share from continuing operations was INR 25.42 compared to INR 20.47 a year ago. Diluted earnings per share from continuing operations was INR 25.42 compared to INR 20.47 a year ago.