Indo Borax & Chemicals 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 467.99 million compared to INR 612.52 million a year ago. Revenue was INR 494.91 million compared to INR 632.36 million a year ago. Net income was INR 89.29 million compared to INR 114.88 million a year ago. Basic earnings per share from continuing operations was INR 2.78 compared to INR 3.58 a year ago. Diluted earnings per share from continuing operations was INR 2.78 compared to INR 3.58 a year ago.
For the six months, sales was INR 1,017.77 million compared to INR 1,137.73 million a year ago. Revenue was INR 1,074.47 million compared to INR 1,165.31 million a year ago. Net income was INR 193.05 million compared to INR 243.47 million a year ago. Basic earnings per share from continuing operations was INR 6.02 compared to INR 7.59 a year ago. Diluted earnings per share from continuing operations was INR 6.02 compared to INR 7.59 a year ago.