Advance Metering Technology 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 53.94 million compared to INR 48.56 million a year ago. Revenue was INR 66.01 million compared to INR 55.65 million a year ago. Net income was INR 5.05 million compared to net loss of INR 19.44 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to basic loss per share from continuing operations of INR 1.21 a year ago. Diluted earnings per share from continuing operations was INR 0.31 compared to diluted loss per share from continuing operations of INR 1.21 a year ago.
For the six months, sales was INR 101.7 million compared to INR 101.96 million a year ago. Revenue was INR 127.9 million compared to INR 111.16 million a year ago. Net income was INR 3.96 million compared to net loss of INR 17.56 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to basic loss per share from continuing operations of INR 1.09 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to diluted loss per share from continuing operations of INR 1.09 a year ago.