MosChip Technologies 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 718.55 million compared to INR 491.49 million a year ago. Revenue was INR 726.97 million compared to INR 523.85 million a year ago. Net income was INR 36.26 million compared to INR 12.41 million a year ago. Basic earnings per share from continuing operations was INR 0.2 compared to INR 0.08 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to INR 0.07 a year ago.
For the six months, sales was INR 1,288.6 million compared to INR 908.21 million a year ago. Revenue was INR 1,313.67 million compared to INR 950.08 million a year ago. Net income was INR 68.32 million compared to INR 27.96 million a year ago. Basic earnings per share from continuing operations was INR 0.39 compared to INR 0.18 a year ago. Diluted earnings per share from continuing operations was INR 0.36 compared to INR 0.17 a year ago.