The Byke Hospitality 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 316.59 million compared to INR 315.28 million a year ago. Revenue was INR 319.26 million compared to INR 317.73 million a year ago. Net income was INR 9.69 million compared to net loss of INR 13.73 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to basic loss per share from continuing operations of INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 0.24 compared to diluted loss per share from continuing operations of INR 0.34 a year ago.
For the nine months, sales was INR 876.05 million compared to INR 601.99 million a year ago. Revenue was INR 883.83 million compared to INR 608.43 million a year ago. Net income was INR 1.68 million compared to net loss of INR 135.97 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to basic loss per share from continuing operations of INR 3.39 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to diluted loss per share from continuing operations of INR 3.39 a year ago.