Pasupati Spinning & Weaving Mills 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 272.7 million compared to INR 372.5 million a year ago. Revenue was INR 280.7 million compared to INR 375 million a year ago. Net income was INR 1.1 million compared to INR 4.5 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to INR 0.49 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to INR 0.49 a year ago.
For the six months, sales was INR 553 million compared to INR 662.3 million a year ago. Revenue was INR 566.2 million compared to INR 667.4 million a year ago. Net income was INR 1.3 million compared to INR 10.7 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to INR 1.15 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to INR 1.15 a year ago.