Raasi Refractories Ltd. announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was INR 85.969 million compared to INR 61.246 million a year ago. Total revenue was INR 87.065 million compared to INR 61.371 million a year ago. Operating income was INR 6.227 million compared to operating loss of INR 10.140 million a year ago. Net income was INR 802,000 compared to net loss of INR 21.473 million a year ago. Basic earnings per share was INR 0.17 compared to basic loss per share of INR 4.56 a year ago. For the half year, sales was INR 161.389 million compared to INR 86.340 million a year ago. Total revenue was INR 162.485 million compared to INR 86.465 million a year ago. Operating income was INR 19.092 million compared to operating loss of INR 15.555 million a year ago. Net income was INR 1.817 million compared to net loss of INR 36.597 million a year ago. Basic earnings per share was INR 0.39 compared to basic loss per share of INR 7.76 a year ago.