Patel Engineering 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 10,213.13 million compared to INR 8,303.43 million a year ago. Revenue was INR 10,460.97 million compared to INR 3,590.44 million a year ago. Net income was INR 376.58 million compared to INR 256.93 million a year ago. Basic earnings per share from continuing operations was INR 0.46 compared to INR 0.41 a year ago. Diluted earnings per share from continuing operations was INR 0.46 compared to INR 0.41 a year ago.
For the six months, sales was INR 21,399.24 million compared to INR 17,314.53 million a year ago. Revenue was INR 21,825.31 million compared to INR 17,950.34 million a year ago. Net income was INR 810.61 million compared to INR 664.28 million a year ago. Basic earnings per share from continuing operations was INR 1.12 compared to INR 1.06 a year ago. Diluted earnings per share from continuing operations was INR 1.12 compared to INR 0.94 a year ago.