Salona Cotspin 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 2,088.79 million compared to INR 925.81 million a year ago. Revenue was INR 2,089.27 million compared to INR 927.34 million a year ago. Net income was INR 17.28 million compared to INR 54.54 million a year ago. Basic earnings per share from continuing operations was INR 3.28 compared to INR 10.36 a year ago. Diluted earnings per share from continuing operations was INR 3.28 compared to INR 10.36 a year ago.
For the six months, sales was INR 3,494.41 million compared to INR 2,477.48 million a year ago. Revenue was INR 3,494.99 million compared to INR 2,479.01 million a year ago. Net income was INR 37.85 million compared to INR 118.08 million a year ago. Basic earnings per share from continuing operations was INR 7.19 compared to INR 22.44 a year ago. Diluted earnings per share from continuing operations was INR 7.19 compared to INR 22.44 a year ago.