Galaxy Bearings 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 332.3 million compared to INR 308.1 million a year ago. Revenue was INR 345.71 million compared to INR 318.65 million a year ago. Net income was INR 42.01 million compared to INR 42.33 million a year ago. Basic earnings per share from continuing operations was INR 13.21 compared to INR 13.31 a year ago. Diluted earnings per share from continuing operations was INR 13.21 compared to INR 13.31 a year ago.
For the six months, sales was INR 621.7 million compared to INR 487.01 million a year ago. Revenue was INR 650.5 million compared to INR 496.75 million a year ago. Net income was INR 76.82 million compared to INR 54.94 million a year ago. Basic earnings per share from continuing operations was INR 24.16 compared to INR 17.28 a year ago. Diluted earnings per share from continuing operations was INR 24.16 compared to INR 17.28 a year ago.