Fraser and Company Limited reported earnings results for the second quarter ended September 30, 2022. For the second quarter, the company reported sales was INR 43.15 million compared to INR 202.58 million a year ago. Revenue was INR 36.44 million compared to INR 171.79 million a year ago.

Net income was INR 0.12 million compared to INR 3.87 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.48 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.48 a year ago.