Hubtown Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 816.1 million compared to INR 1,082.3 million a year ago. Revenue was INR 858.1 million compared to INR 1,184.4 million a year ago. Net income was INR 48.8 million compared to net loss of INR 833.1 million a year ago. Basic earnings per share from continuing operations was INR 0.63 compared to basic loss per share from continuing operations of INR 11.57 a year ago. Diluted earnings per share from continuing operations was INR 0.63 compared to diluted loss per share from continuing operations of INR 11.57 a year ago.
For the full year, sales was INR 3,190.9 million compared to INR 1,902.8 million a year ago. Revenue was INR 3,360 million compared to INR 2,141.9 million a year ago. Net income was INR 284.9 million compared to net loss of INR 1,260.8 million a year ago. Basic earnings per share from continuing operations was INR 4.16 compared to basic loss per share from continuing operations of INR 17.66 a year ago. Diluted earnings per share from continuing operations was INR 4.16 compared to diluted loss per share from continuing operations of INR 17.66 a year ago.