Duncan Engineering 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 159.97 million compared to INR 185.83 million a year ago. Revenue was INR 164.91 million compared to INR 189.69 million a year ago. Net income was INR 16.08 million compared to INR 33.26 million a year ago. Basic earnings per share from continuing operations was INR 4.35 compared to INR 9 a year ago. Diluted earnings per share from continuing operations was INR 4.35 compared to INR 9 a year ago.
For the six months, sales was INR 316.37 million compared to INR 349.93 million a year ago. Revenue was INR 327.14 million compared to INR 356.69 million a year ago. Net income was INR 36.25 million compared to INR 53.46 million a year ago. Basic earnings per share from continuing operations was INR 9.81 compared to INR 14.46 a year ago. Diluted earnings per share from continuing operations was INR 9.81 compared to INR 14.46 a year ago.