Paras Defence and Space 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 613.1 million compared to INR 556.9 million a year ago. Revenue was INR 624.1 million compared to INR 567.3 million a year ago. Net income was INR 94.2 million compared to INR 84.8 million a year ago. Basic earnings per share from continuing operations was INR 2.42 compared to INR 2.17 a year ago. Diluted earnings per share from continuing operations was INR 2.42 compared to INR 2.17 a year ago.
For the six months, sales was INR 1,096.3 million compared to INR 964.5 million a year ago. Revenue was INR 1,116.7 million compared to INR 984.5 million a year ago. Net income was INR 154.3 million compared to INR 155.5 million a year ago. Basic earnings per share from continuing operations was INR 3.96 compared to INR 3.99 a year ago. Diluted earnings per share from continuing operations was INR 3.96 compared to INR 3.99 a year ago.