Energy Development Company 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 110.31 million compared to INR 166.92 million a year ago. Revenue was INR 113 million compared to INR 173.11 million a year ago. Net income was INR 29.42 million compared to INR 81.02 million a year ago. Basic earnings per share from continuing operations was INR 0.62 compared to INR 1.62 a year ago. Diluted earnings per share from continuing operations was INR 0.62 compared to INR 1.62 a year ago.
For the six months, sales was INR 168.82 million compared to INR 242.51 million a year ago. Revenue was INR 174.76 million compared to INR 269.51 million a year ago. Net income was INR 13.32 million compared to INR 89.99 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 1.73 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 1.73 a year ago.