Axel Polymers Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 214.48 million compared to INR 179.42 million a year ago. Revenue was INR 215.28 million compared to INR 179.75 million a year ago. Net income was INR 2.5 million compared to net loss of INR 2.03 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to basic loss per share from continuing operations of INR 0.24 a year ago.
For the six months, sales was INR 402.7 million compared to INR 361.47 million a year ago. Revenue was INR 403.97 million compared to INR 362.02 million a year ago. Net income was INR 5.08 million compared to INR 4.62 million a year ago. Basic earnings per share from continuing operations was INR 0.6 compared to INR 0.54 a year ago.