Tube Investments of 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 41,692.6 million compared to INR 36,269.6 million a year ago. Revenue was INR 43,672.3 million compared to INR 37,911.3 million a year ago. Net income was INR 2,633.7 million compared to INR 2,138.9 million a year ago. Basic earnings per share from continuing operations was INR 14.29 compared to INR 11.06 a year ago. Diluted earnings per share from continuing operations was INR 14.27 compared to INR 11.03 a year ago.
For the six months, sales was INR 79,367.3 million compared to INR 72,595.9 million a year ago. Revenue was INR 83,133.7 million compared to INR 75,905.1 million a year ago. Net income was INR 4,782.5 million compared to INR 4,084.5 million a year ago. Basic earnings per share from continuing operations was INR 25.21 compared to INR 20.99 a year ago. Diluted earnings per share from continuing operations was INR 25.17 compared to INR 20.93 a year ago.