Graphite India: Graphite India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024

Graphite India Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 6,430 million compared to INR 7,930 million a year ago. Revenue was INR 8,110 million compared to INR 8,840 million a year ago. Net income was INR 1,950 million compared to INR 8,040 million a year ago. Basic earnings per share from continuing operations was INR 10 compared to INR 41.13 a year ago. Diluted earnings per share from continuing operations was INR 10 compared to INR 41.13 a year ago. For the six months, sales was INR 13,710 million compared to INR 15,400 million a year ago. Revenue was INR 17,330 million compared to INR 17,090 million a year ago. Net income was INR 4,320 million compared to INR 7,740 million a year ago. Basic earnings per share from continuing operations was INR 22.11 compared to INR 39.57 a year ago. Diluted earnings per share from continuing operations was INR 22.11 compared to INR 39.57 a year ago.