Akar Auto Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 957.63 million compared to INR 884.16 million a year ago. Revenue was INR 958.22 million compared to INR 884.58 million a year ago. Net income was INR 14.61 million compared to INR 12.57 million a year ago. Basic earnings per share from continuing operations was INR 1.35 compared to INR 1.17 a year ago. Diluted earnings per share from continuing operations was INR 1.35 compared to INR 1.17 a year ago.
For the six months, sales was INR 1,855.35 million compared to INR 1,709.89 million a year ago. Revenue was INR 1,856.4 million compared to INR 1,710.61 million a year ago. Net income was INR 26.15 million compared to INR 24.84 million a year ago. Basic earnings per share from continuing operations was INR 2.42 compared to INR 2.3 a year ago. Diluted earnings per share from continuing operations was INR 2.42 compared to INR 2.3 a year ago.