Nidhi Granites Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 60.83 million compared to INR 30.91 million a year ago. Revenue was INR 62.42 million compared to INR 30.92 million a year ago. Net income was INR 2.04 million compared to net loss of INR 1.86 million a year ago. Basic earnings per share from continuing operations was INR 2.72 compared to basic loss per share from continuing operations of INR 2.48 a year ago. Diluted earnings per share from continuing operations was INR 2.72 compared to diluted loss per share from continuing operations of INR 2.48 a year ago.
For the six months, sales was INR 121.83 million compared to INR 57.83 million a year ago. Revenue was INR 123.48 million compared to INR 58 million a year ago. Net income was INR 2.79 million compared to net loss of INR 2.24 million a year ago. Basic earnings per share from continuing operations was INR 3.72 compared to basic loss per share from continuing operations of INR 2.99 a year ago. Diluted earnings per share from continuing operations was INR 3.72 compared to diluted loss per share from continuing operations of INR 2.99 a year ago.