Shervani Industrial Syndicate 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 165.2 million compared to INR 20.1 million a year ago. Revenue was INR 167.1 million compared to INR 22.6 million a year ago. Net income was INR 46.3 million compared to net loss of INR 8.9 million a year ago. Basic earnings per share from continuing operations was INR 17.02 compared to basic loss per share from continuing operations of INR 3.27 a year ago.
For the six months, sales was INR 186.6 million compared to INR 36.4 million a year ago. Revenue was INR 191.1 million compared to INR 41.1 million a year ago. Net income was INR 48.7 million compared to net loss of INR 19.1 million a year ago. Basic earnings per share from continuing operations was INR 17.88 compared to basic loss per share from continuing operations of INR 7.02 a year ago.