Acknit Industries 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 560.3 million compared to INR 632.85 million a year ago. Revenue was INR 560.7 million compared to INR 633 million a year ago. Net income was INR 19.19 million compared to INR 20.73 million a year ago. Basic earnings per share from continuing operations was INR 6.31 compared to INR 6.82 a year ago. Diluted earnings per share from continuing operations was INR 6.31 compared to INR 6.82 a year ago.
For the six months, sales was INR 1,058.78 million compared to INR 1,375.86 million a year ago. Revenue was INR 1,060.53 million compared to INR 1,376.06 million a year ago. Net income was INR 34.77 million compared to INR 44.59 million a year ago. Basic earnings per share from continuing operations was INR 11.44 compared to INR 14.67 a year ago. Diluted earnings per share from continuing operations was INR 11.44 compared to INR 14.67 a year ago.