Modern Engineering and Projects 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 166.09 million compared to INR 0.901 million a year ago. Revenue was INR 166.51 million compared to INR 0.901 million a year ago. Net income was INR 7.2 million compared to net loss of INR 9.77 million a year ago. Basic earnings per share from continuing operations was INR 2.33.
For the six months, sales was INR 308.99 million compared to INR 15.63 million a year ago. Revenue was INR 332.82 million compared to INR 15.92 million a year ago. Net income was INR 20.04 million compared to net loss of INR 8.88 million a year ago. Basic earnings per share from continuing operations was INR 6.49.