Nibe 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 172.16 million compared to INR 33.17 million a year ago. Revenue was INR 178.2 million compared to INR 33.28 million a year ago. Net income was INR 10.95 million compared to net loss of INR 11.5 million a year ago. Basic earnings per share from continuing operations was INR 1.05 compared to basic loss per share from continuing operations of INR 1.09 a year ago.
For the six months, sales was INR 275.03 million compared to INR 53.1 million a year ago. Revenue was INR 281.3 million compared to INR 53.66 million a year ago. Net income was INR 12.92 million compared to net loss of INR 10.09 million a year ago. Basic earnings per share from continuing operations was INR 1.25 compared to basic loss per share from continuing operations of INR 0.96 a year ago.