Akar Auto Industries 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 884.16 million compared to INR 598.44 million a year ago. Revenue was INR 884.58 million compared to INR 598.65 million a year ago. Net income was INR 12.57 million compared to INR 15.37 million a year ago. Basic earnings per share from continuing operations was INR 1.17 compared to INR 1.42 a year ago. Diluted earnings per share from continuing operations was INR 1.17 compared to INR 1.42 a year ago.
For the six months, sales was INR 1,709.89 million compared to INR 1,165.4 million a year ago. Revenue was INR 1,710.61 million compared to INR 1,165.85 million a year ago. Net income was INR 24.84 million compared to INR 27.04 million a year ago. Basic earnings per share from continuing operations was INR 2.3 compared to INR 2.51 a year ago. Diluted earnings per share from continuing operations was INR 2.3 compared to INR 2.51 a year ago.