Veto Switchgears and Cables 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 754.5 million compared to INR 754.01 million a year ago. Revenue was INR 757.59 million compared to INR 757.08 million a year ago. Net income was INR 69.6 million compared to INR 45.11 million a year ago. Basic earnings per share from continuing operations was INR 3.69 compared to INR 2.39 a year ago. Diluted earnings per share from continuing operations was INR 3.69 compared to INR 2.39 a year ago.
For the six months, sales was INR 1,352.95 million compared to INR 1,174.54 million a year ago. Revenue was INR 1,359.56 million compared to INR 1,180.07 million a year ago. Net income was INR 133.88 million compared to INR 70.6 million a year ago. Basic earnings per share from continuing operations was INR 7.08 compared to INR 3.74 a year ago. Diluted earnings per share from continuing operations was INR 7.08 compared to INR 3.74 a year ago.