Tide Water Oil Co. (India) 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 4,741.8 million compared to INR 4,480.2 million a year ago. Revenue was INR 4,792.2 million compared to INR 4,511.9 million a year ago. Net income was INR 352.2 million compared to INR 204.3 million a year ago. Basic earnings per share from continuing operations was INR 20.73 compared to INR 12.02 a year ago. Diluted earnings per share from continuing operations was INR 20.73 compared to INR 12.02 a year ago.
For the six months, sales was INR 9,479.2 million compared to INR 8,868.2 million a year ago. Revenue was INR 9,577.3 million compared to INR 8,938.8 million a year ago. Net income was INR 664.1 million compared to INR 541.5 million a year ago. Basic earnings per share from continuing operations was INR 39.08 compared to INR 31.86 a year ago. Diluted earnings per share from continuing operations was INR 39.08 compared to INR 31.86 a year ago.