Innovative Tech Pack 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 369.51 million compared to INR 386.06 million a year ago. Revenue was INR 373.95 million compared to INR 390.35 million a year ago. Net income was INR 12.91 million compared to net loss of INR 11.97 million a year ago. Basic earnings per share from continuing operations was INR 0.57 compared to basic loss per share from continuing operations of INR 0.54 a year ago. Diluted earnings per share from continuing operations was INR 0.57 compared to diluted loss per share from continuing operations of INR 0.54 a year ago.
For the six months, sales was INR 748.7 million compared to INR 812.94 million a year ago. Revenue was INR 754.41 million compared to INR 821.23 million a year ago. Net income was INR 22.79 million compared to net loss of INR 6.44 million a year ago. Basic earnings per share from continuing operations was INR 1.01 compared to basic loss per share from continuing operations of INR 0.29 a year ago. Diluted earnings per share from continuing operations was INR 1.01 compared to diluted loss per share from continuing operations of INR 0.29 a year ago.