Fairfax India Holdings Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 244.57 million compared to negative revenue of USD 103.88 million a year ago. Net income was USD 159.34 million compared to net loss of USD 69.71 million a year ago. Basic earnings per share from continuing operations was USD 1.16 compared to basic loss per share from continuing operations of USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to diluted loss per share from continuing operations of USD 0.5 a year ago.
For the six months, revenue was USD 207.35 million compared to negative revenue of USD 30.81 million a year ago. Net income was USD 103.85 million compared to net loss of USD 13.75 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.73 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.