The Byke Hospitality 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 197.59 million compared to INR 196.82 million a year ago. Revenue was INR 201.06 million compared to INR 199.42 million a year ago. Net income was INR 8.91 million compared to net loss of INR 34.72 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to basic loss per share from continuing operations of INR 0.87 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to diluted loss per share from continuing operations of INR 0.87 a year ago.
For the six months, sales was INR 398.12 million compared to INR 559.47 million a year ago. Revenue was INR 404.32 million compared to INR 564.57 million a year ago. Net income was INR 23.89 million compared to net loss of INR 8.01 million a year ago. Basic earnings per share from continuing operations was INR 0.6 compared to basic loss per share from continuing operations of INR 0.2 a year ago. Diluted earnings per share from continuing operations was INR 0.6 compared to diluted loss per share from continuing operations of INR 0.2 a year ago.