United Drilling Tools 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 313.85 million compared to INR 342.62 million a year ago. Revenue was INR 321.35 million compared to INR 343.9 million a year ago. Net income was INR 29.12 million compared to INR 22.12 million a year ago. Basic earnings per share from continuing operations was INR 1.43 compared to INR 1.09 a year ago. Diluted earnings per share from continuing operations was INR 1.43 compared to INR 1.09 a year ago.
For the six months, sales was INR 489.73 million compared to INR 713.87 million a year ago. Revenue was INR 498.67 million compared to INR 716.16 million a year ago. Net income was INR 44.4 million compared to INR 53.67 million a year ago. Basic earnings per share from continuing operations was INR 2.17 compared to INR 2.64 a year ago. Diluted earnings per share from continuing operations was INR 2.17 compared to INR 2.64 a year ago.