Ambika Cotton Mills Limited reported earnings results for the second quarter and half year ended September 30, 2022. For the second quarter, the company reported sales was INR 2,190.9 million compared to INR 2,205 million a year ago. Revenue was INR 2,221.8 million compared to INR 2,212.1 million a year ago. Net income was INR 280.8 million compared to INR 455 million a year ago. Basic earnings per share from continuing operations was INR 49.05 compared to INR 79.48 a year ago. Diluted earnings per share from continuing operations was INR 49.05 compared to INR 79.48 a year ago.

For the half year, the company reported sales was INR 4,728.4 million compared to INR 4,080.3 million a year ago. Revenue was INR 4,789.7 million compared to INR 4,088.6 million a year ago. Net income was INR 669.5 million compared to INR 813.4 million a year ago. Basic earnings per share from continuing operations was INR 116.94 compared to INR 142.08 a year ago. Diluted earnings per share from continuing operations was INR 116.94 compared to INR 142.08 a year ago.