Orient Abrasives 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 678.17 million compared to INR 721.62 million a year ago. Revenue was INR 693.94 million compared to INR 724.76 million a year ago. Net income was INR 20.05 million compared to INR 14.25 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.12 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.12 a year ago.
For the six months, sales was INR 1,599.76 million compared to INR 1,459.88 million a year ago. Revenue was INR 1,622.01 million compared to INR 1,465.33 million a year ago. Net income was INR 58.31 million compared to INR 36.56 million a year ago. Basic earnings per share from continuing operations was INR 0.49 compared to INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.49 compared to INR 0.31 a year ago.