HB Estate Developers Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 213.36 million compared to INR 120.37 million a year ago. Revenue was INR 217.45 million compared to INR 121.2 million a year ago. Net loss was INR 10.58 million compared to INR 50.6 million a year ago. Basic loss per share from continuing operations was INR 0.54 compared to INR 2.6 a year ago. Diluted loss per share from continuing operations was INR 0.54 compared to INR 2.6 a year ago.
For the six months, sales was INR 409.24 million compared to INR 171.23 million a year ago. Revenue was INR 414.78 million compared to INR 177.07 million a year ago. Net loss was INR 23.4 million compared to INR 117.87 million a year ago. Basic loss per share from continuing operations was INR 1.2 compared to INR 6.06 a year ago. Diluted loss per share from continuing operations was INR 1.2 compared to INR 6.06 a year ago.