Tamil Nadu Newsprint and Papers 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 13,606.3 million compared to INR 9,155.4 million a year ago. Revenue was INR 13,877.5 million compared to INR 9,420.3 million a year ago. Net income was INR 1,117.5 million compared to INR 47.4 million a year ago. Basic earnings per share from continuing operations was INR 16.14 compared to INR 0.69 a year ago. Diluted earnings per share from continuing operations was INR 16.14 compared to INR 0.69 a year ago.
For the six months, sales was INR 24,724.2 million compared to INR 15,419.1 million a year ago. Revenue was INR 25,243.5 million compared to INR 15,884.2 million a year ago. Net income was INR 1,721.5 million compared to net loss of INR 90.3 million a year ago. Basic earnings per share from continuing operations was INR 24.87 compared to basic loss per share from continuing operations of INR 1.3 a year ago. Diluted earnings per share from continuing operations was INR 24.87 compared to diluted loss per share from continuing operations of INR 1.3 a year ago.