HIL 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 7,842.4 million compared to INR 7,671.7 million a year ago. Revenue was INR 7,941.2 million compared to INR 7,676.6 million a year ago. Net loss was INR 71.8 million compared to net income of INR 125.3 million a year ago. Basic loss per share from continuing operations was INR 9.52 compared to basic earnings per share from continuing operations of INR 16.65 a year ago. Diluted loss per share from continuing operations was INR 9.52 compared to diluted earnings per share from continuing operations of INR 16.64 a year ago.
For the nine months, sales was INR 25,229.6 million compared to INR 26,156.9 million a year ago. Revenue was INR 25,420.2 million compared to INR 26,376.6 million a year ago. Net income was INR 349 million compared to INR 924.9 million a year ago. Basic earnings per share from continuing operations was INR 46.3 compared to INR 123.03 a year ago. Diluted earnings per share from continuing operations was INR 46.3 compared to INR 122.98 a year ago.