Sangam (India) 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 6,287.4 million compared to INR 7,093.2 million a year ago. Revenue was INR 6,325.5 million compared to INR 7,124.1 million a year ago. Net income was INR 105.8 million compared to INR 303.3 million a year ago. Basic earnings per share from continuing operations was INR 2.13 compared to INR 6.95 a year ago. Diluted earnings per share from continuing operations was INR 2.13 compared to INR 6.82 a year ago.
For the six months, sales was INR 13,058.4 million compared to INR 14,226 million a year ago. Revenue was INR 13,120.3 million compared to INR 14,304.1 million a year ago. Net income was INR 233.5 million compared to INR 828.6 million a year ago. Basic earnings per share from continuing operations was INR 4.7 compared to INR 19 a year ago. Diluted earnings per share from continuing operations was INR 4.7 compared to INR 18.63 a year ago.