Katare Spinning Mills Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 1.04 million compared to INR 45.07 million a year ago. Revenue was INR 90.66 million compared to INR 45.1 million a year ago. Net income was INR 27.65 million compared to net loss of INR 6.91 million a year ago. Basic earnings per share from continuing operations was INR 9.7 compared to basic loss per share from continuing operations of INR 2.42 a year ago.
For the six months, sales was INR 26.89 million compared to INR 78.27 million a year ago. Revenue was INR 116.52 million compared to INR 78.31 million a year ago. Net income was INR 23.88 million compared to net loss of INR 11.18 million a year ago. Basic earnings per share from continuing operations was INR 8.38 compared to basic loss per share from continuing operations of INR 3.92 a year ago.