IFGL Refractories reports results for the second quarter and six months Ended September 30, 2022

2022-11-24

Nov. 24, 2022 - IFGL Refractories Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 3,430.8 million compared to INR 3,098.9 million a year ago. Revenue was INR 3,456.4 million compared to INR 3,137.3 million a year ago. Net income was INR 194.5 million compared to INR 200.1 million a year ago. Basic earnings per share from continuing operations was INR 5.39 compared to INR 5.55 a year ago. Diluted earnings per share from continuing operations was INR 5.39 compared to INR 5.55 a year ago.

For the six months, sales was INR 7,024 million compared to INR 5,846.5 million a year ago. Revenue was INR 7,054.5 million compared to INR 5,915.7 million a year ago. Net income was INR 340 million compared to INR 378.8 million a year ago. Basic earnings per share from continuing operations was INR 9.43 compared to INR 10.51 a year ago. Diluted earnings per share from continuing operations was INR 9.43 compared to INR 10.51 a year ago.