IFB Industries Limited announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was INR 7,399 million compared to INR 7,157.7 million a year ago. Net income was INR 318.7 million compared to INR 220.1 million a year ago. Basic earnings per share from continuing operations was INR 7.87 compared to INR 5.43 a year ago. For the half year, total revenue was INR 10,305.7 million compared to INR 14,154 million a year ago. Net loss was INR 131.3 million compared to net income of INR 320.7 million a year ago. Basic loss per share from continuing operations was INR 3.24 compared to basic earnings per share from continuing operations of INR 7.91 a year ago.