Modern Dairies 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 801.82 million compared to INR 422.93 million a year ago. Revenue was INR 806.24 million compared to INR 426.87 million a year ago. Net income was INR 213.41 million compared to INR 42.36 million a year ago. Basic earnings per share from continuing operations was INR 9.15 compared to INR 1.82 a year ago. Diluted earnings per share from continuing operations was INR 9.15 compared to INR 1.82 a year ago.
For the six months, sales was INR 1,628.92 million compared to INR 860.97 million a year ago. Revenue was INR 1,637.71 million compared to INR 870.61 million a year ago. Net income was INR 233.64 million compared to INR 68.87 million a year ago. Basic earnings per share from continuing operations was INR 10.02 compared to INR 2.95 a year ago. Diluted earnings per share from continuing operations was INR 10.02 compared to INR 2.95 a year ago.