Cochin Minerals and Rutile 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 1,178.76 million compared to INR 867.99 million a year ago. Revenue was INR 1,179.92 million compared to INR 868.26 million a year ago. Net income was INR 181.84 million compared to net loss of INR 7.42 million a year ago. Basic earnings per share from continuing operations was INR 23.22 compared to basic loss per share from continuing operations of INR 0.95 a year ago. Diluted earnings per share from continuing operations was INR 23.22 compared to diluted loss per share from continuing operations of INR 0.95 a year ago.
For the six months, sales was INR 2,170.46 million compared to INR 1,247.61 million a year ago. Revenue was INR 2,171.63 million compared to INR 1,248.03 million a year ago. Net income was INR 266.23 million compared to net loss of INR 16.61 million a year ago. Basic earnings per share from continuing operations was INR 34 compared to basic loss per share from continuing operations of INR 2.12 a year ago. Diluted earnings per share from continuing operations was INR 34 compared to diluted loss per share from continuing operations of INR 2.12 a year ago.