Galaxy Bearings 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 308.1 million compared to INR 249.24 million a year ago. Revenue was INR 318.65 million compared to INR 251.61 million a year ago. Net income was INR 42.33 million compared to INR 31.43 million a year ago. Basic earnings per share from continuing operations was INR 13.31 compared to INR 9.88 a year ago. Diluted earnings per share from continuing operations was INR 13.31 compared to INR 9.88 a year ago.
For the six months, sales was INR 487.01 million compared to INR 420.93 million a year ago. Revenue was INR 496.75 million compared to INR 425.81 million a year ago. Net income was INR 54.94 million compared to INR 55.22 million a year ago. Basic earnings per share from continuing operations was INR 17.28 compared to INR 17.36 a year ago. Diluted earnings per share from continuing operations was INR 17.28 compared to INR 17.36 a year ago.