Shantai Industries Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 57.490 million compared to INR 31.908 million a year ago. Operating income was INR 5.986 million compared to INR 2.810 million a year ago. Net income was INR 5.937 million compared to INR 2.941 million a year ago. Basic earnings per share was INR 3.96 compared to INR 1.96 a year ago. For the half year, total revenue was INR 93.492 million compared to INR 67.910 million a year ago. Operating income was INR 3.752 million compared to INR 576,000 a year ago. Net income was INR 3.703 million compared to INR 707,000 a year ago. Basic earnings per share was INR 2.47 compared to INR 0.47 a year ago.