Gujarat Cotex 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 39.5 million compared to INR 48.76 million a year ago. Revenue was INR 39.51 million compared to INR 48.81 million a year ago. Net income was INR 0.221 million compared to INR 0.556 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.04 a year ago.
For the six months, sales was INR 88.46 million compared to INR 97.98 million a year ago. Revenue was INR 88.47 million compared to INR 98.03 million a year ago. Net income was INR 0.365 million compared to INR 0.825 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to INR 0.06 a year ago.