The Grob Tea Company 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 295.64 million compared to INR 444.83 million a year ago. Revenue was INR 307.35 million compared to INR 452.23 million a year ago. Net income was INR 91.5 million compared to INR 160.75 million a year ago. Basic earnings per share from continuing operations was INR 78.72 compared to INR 138.31 a year ago. Diluted earnings per share from continuing operations was INR 78.72 compared to INR 138.31 a year ago.
For the six months, sales was INR 505.25 million compared to INR 620.71 million a year ago. Revenue was INR 532.01 million compared to INR 634.54 million a year ago. Net income was INR 114.69 million compared to INR 188.88 million a year ago. Basic earnings per share from continuing operations was INR 98.67 compared to INR 162.51 a year ago. Diluted earnings per share from continuing operations was INR 98.67 compared to INR 162.51 a year ago.