Parag Milk Foods 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 7,981.58 million compared to INR 6,648.4 million a year ago. Revenue was INR 8,037.37 million compared to INR 6,651.65 million a year ago. Net income was INR 251.88 million compared to INR 113.92 million a year ago. Basic earnings per share from continuing operations was INR 2.15 compared to INR 1.2 a year ago. Diluted earnings per share from continuing operations was INR 2.07 compared to INR 1.16 a year ago.
For the six months, sales was INR 15,477.44 million compared to INR 13,557.74 million a year ago. Revenue was INR 15,594.6 million compared to INR 13,727.35 million a year ago. Net income was INR 466.05 million compared to INR 216.38 million a year ago. Basic earnings per share from continuing operations was INR 3.97 compared to INR 2.25 a year ago. Diluted earnings per share from continuing operations was INR 3.84 compared to INR 2.2 a year ago.