Royal Cushion Vinyl Products 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 137.69 million compared to INR 226.97 million a year ago. Revenue was INR 300.45 million compared to INR 228.86 million a year ago. Net income was INR 110.87 million compared to net loss of INR 25.18 million a year ago. Basic earnings per share from continuing operations was INR 9.19 compared to basic loss per share from continuing operations of INR 2.09 a year ago. Diluted earnings per share from continuing operations was INR 9.19 compared to diluted loss per share from continuing operations of INR 2.09 a year ago.
For the six months, sales was INR 296.87 million compared to INR 333.33 million a year ago. Revenue was INR 463.64 million compared to INR 335.82 million a year ago. Net income was INR 59.3 million compared to net loss of INR 51.7 million a year ago. Basic earnings per share from continuing operations was INR 4.91 compared to basic loss per share from continuing operations of INR 4.28 a year ago. Diluted earnings per share from continuing operations was INR 4.91 compared to diluted loss per share from continuing operations of INR 4.28 a year ago.