Maithan Alloys 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 4,436.5 million compared to INR 6,895.5 million a year ago. Revenue was INR 5,032.1 million compared to INR 7,399.9 million a year ago. Net income was INR 619.4 million compared to INR 1,092 million a year ago. Basic earnings per share from continuing operations was INR 21.3 compared to INR 37.51 a year ago. Diluted earnings per share from continuing operations was INR 21.3 compared to INR 37.51 a year ago.
For the six months, sales was INR 8,473.1 million compared to INR 16,649.9 million a year ago. Revenue was INR 9,512.8 million compared to INR 17,462.2 million a year ago. Net income was INR 1,215.4 million compared to INR 3,281.5 million a year ago. Basic earnings per share from continuing operations was INR 41.79 compared to INR 112.72 a year ago. Diluted earnings per share from continuing operations was INR 41.79 compared to INR 112.72 a year ago.