Avadh Sugar & Energy 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 7,975.48 million compared to INR 5,891.82 million a year ago. Revenue was INR 7,987.38 million compared to INR 5,943.43 million a year ago. Net income was INR 288.67 million compared to net loss of INR 162.81 million a year ago. Basic earnings per share from continuing operations was INR 14.42 compared to basic loss per share from continuing operations of INR 8.14 a year ago.
For the six months, sales was INR 14,796.02 million compared to INR 12,772.57 million a year ago. Revenue was INR 14,810.43 million compared to INR 12,827.51 million a year ago. Net income was INR 510.37 million compared to INR 34.11 million a year ago. Basic earnings per share from continuing operations was INR 25.49 compared to INR 1.7 a year ago.