Salona Cotspin 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 925.81 million compared to INR 1,643.7 million a year ago. Revenue was INR 927.34 million compared to INR 1,644.37 million a year ago. Net income was INR 54.54 million compared to INR 70.93 million a year ago. Basic earnings per share from continuing operations was INR 10.36 compared to INR 13.48 a year ago. Diluted earnings per share from continuing operations was INR 10.36 compared to INR 13.48 a year ago.
For the six months, sales was INR 2,477.48 million compared to INR 3,058.22 million a year ago. Revenue was INR 2,479.01 million compared to INR 3,059.02 million a year ago. Net income was INR 118.08 million compared to INR 118.09 million a year ago. Basic earnings per share from continuing operations was INR 22.44 compared to INR 22.44 a year ago. Diluted earnings per share from continuing operations was INR 22.44 compared to INR 22.44 a year ago.