Hubtown Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 1,203 million compared to INR 261.9 million a year ago. Revenue was INR 1,246.2 million compared to INR 298.8 million a year ago. Net income was INR 110.4 million compared to net loss of INR 199.8 million a year ago. Basic earnings per share from continuing operations was INR 1.95 compared to basic loss per share from continuing operations of INR 2.85 a year ago. Diluted earnings per share from continuing operations was INR 1.95 compared to diluted loss per share from continuing operations of INR 2.85 a year ago.
For the nine months, sales was INR 2,374.8 million compared to INR 820.4 million a year ago. Revenue was INR 2,501.9 million compared to INR 957.4 million a year ago. Net income was INR 236.1 million compared to net loss of INR 427.9 million a year ago. Basic earnings per share from continuing operations was INR 3.54 compared to basic loss per share from continuing operations of INR 6.09 a year ago. Diluted earnings per share from continuing operations was INR 3.54 compared to diluted loss per share from continuing operations of INR 6.09 a year ago.