Nikhil Adhesives 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 1,438.06 million compared to INR 1,966.92 million a year ago. Revenue was INR 1,438.75 million compared to INR 1,968.37 million a year ago. Net income was INR 34.55 million compared to INR 42.3 million a year ago. Basic earnings per share from continuing operations was INR 0.75 compared to INR 0.92 a year ago.
For the six months, sales was INR 2,858.87 million compared to INR 4,209.69 million a year ago. Revenue was INR 2,860.83 million compared to INR 4,212.56 million a year ago. Net income was INR 65.25 million compared to INR 105.12 million a year ago. Basic earnings per share from continuing operations was INR 1.42 compared to INR 2.29 a year ago.