Finolex Cables 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 11,874.4 million compared to INR 10,908.3 million a year ago. Revenue was INR 12,292.7 million compared to INR 11,166.1 million a year ago. Net income was INR 1,541.8 million compared to INR 553.7 million a year ago. Basic earnings per share from continuing operations was INR 10.08 compared to INR 3.62 a year ago. Diluted earnings per share from continuing operations was INR 10.08 compared to INR 3.62 a year ago.
For the six months, sales was INR 23,916.9 million compared to INR 21,064.8 million a year ago. Revenue was INR 24,723.3 million compared to INR 21,494.2 million a year ago. Net income was INR 3,146.1 million compared to INR 1,749.7 million a year ago. Basic earnings per share from continuing operations was INR 20.57 compared to INR 11.44 a year ago. Diluted earnings per share from continuing operations was INR 20.57 compared to INR 11.44 a year ago.