The Indian Wood Products Company 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 435.68 million compared to INR 368.84 million a year ago. Revenue was INR 438.01 million compared to INR 369.59 million a year ago. Net income was INR 4.97 million compared to net loss of INR 17.44 million a year ago. Basic earnings per share from continuing operations was INR 0.08 compared to basic loss per share from continuing operations of INR 0.27 a year ago.
For the six months, sales was INR 934.2 million compared to INR 790.76 million a year ago. Revenue was INR 937.38 million compared to INR 792.3 million a year ago. Net income was INR 8.58 million compared to net loss of INR 22.01 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to basic loss per share from continuing operations of INR 0.34 a year ago.