Ambalal Sarabhai Enterprises 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 468.36 million compared to INR 564.9 million a year ago. Revenue was INR 492.12 million compared to INR 585.9 million a year ago. Net income was INR 10.2 million compared to INR 95.35 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to INR 1.24 a year ago.
For the six months, sales was INR 904.85 million compared to INR 992.21 million a year ago. Revenue was INR 955.47 million compared to INR 1,320.51 million a year ago. Net income was INR 26.02 million compared to INR 361.31 million a year ago. Basic earnings per share from continuing operations was INR 0.34 compared to INR 4.71 a year ago.