Metal Coatings (India) 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 430.65 million compared to INR 394.53 million a year ago. Revenue was INR 432.11 million compared to INR 395.52 million a year ago. Net income was INR 5.43 million compared to INR 3.29 million a year ago. Basic earnings per share from continuing operations was INR 0.74 compared to INR 0.45 a year ago. Diluted earnings per share from continuing operations was INR 0.74 compared to INR 0.45 a year ago.
For the six months, sales was INR 822.99 million compared to INR 892.82 million a year ago. Revenue was INR 825.79 million compared to INR 894.49 million a year ago. Net income was INR 10.53 million compared to INR 11.37 million a year ago. Basic earnings per share from continuing operations was INR 1.44 compared to INR 1.55 a year ago. Diluted earnings per share from continuing operations was INR 1.44 compared to INR 1.55 a year ago.