HB Estate Developers Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 297.28 million compared to INR 277.03 million a year ago. Revenue was INR 301.11 million compared to INR 279.14 million a year ago. Net income was INR 15.08 million compared to INR 21.28 million a year ago. Basic earnings per share from continuing operations was INR 0.77 compared to INR 1.09 a year ago. Diluted earnings per share from continuing operations was INR 0.77 compared to INR 1.09 a year ago.
For the nine months, sales was INR 780.4 million compared to INR 686.27 million a year ago. Revenue was INR 793.79 million compared to INR 693.92 million a year ago. Net loss was INR 6.29 million compared to INR 2.12 million a year ago. Basic loss per share from continuing operations was INR 0.32 compared to INR 0.11 a year ago. Diluted loss per share from continuing operations was INR 0.32 compared to INR 0.11 a year ago.