Enkei Wheels (India) Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was INR 1,766.93 million compared to INR 1,594.06 million a year ago. Revenue was INR 1,859.55 million compared to INR 1,682.71 million a year ago. Net income was INR 80.4 million compared to net loss of INR 45.26 million a year ago. Basic earnings per share from continuing operations was INR 4.47 compared to basic loss per share from continuing operations of INR 2.52 a year ago. Diluted earnings per share from continuing operations was INR 4.47 compared to diluted loss per share from continuing operations of INR 2.52 a year ago.
For the six months, sales was INR 3,091.26 million compared to INR 3,300.63 million a year ago. Revenue was INR 3,196.82 million compared to INR 3,425.71 million a year ago. Net income was INR 36.39 million compared to INR 43.76 million a year ago. Basic earnings per share from continuing operations was INR 2.02 compared to INR 2.43 a year ago. Diluted earnings per share from continuing operations was INR 2.02 compared to INR 2.43 a year ago.