Hubtown 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 556 million compared to INR 412.8 million a year ago. Revenue was INR 605.7 million compared to INR 458 million a year ago. Net income was INR 25.6 million compared to INR 297.2 million a year ago. Basic earnings per share from continuing operations was INR 0.33 compared to INR 3.95 a year ago. Diluted earnings per share from continuing operations was INR 0.33 compared to INR 3.95 a year ago.
For the six months, sales was INR 1,208.2 million compared to INR 1,171.8 million a year ago. Revenue was INR 1,302.7 million compared to INR 1,255.7 million a year ago. Net income was INR 11.1 million compared to INR 125.7 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 1.59 a year ago. Diluted earnings per share from continuing operations was INR 0.18 compared to INR 1.59 a year ago.