Hipolin Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 40.96 million compared to INR 32.6 million a year ago. Revenue was INR 42.96 million compared to INR 33.9 million a year ago. Net loss was INR 3.5 million compared to INR 2.62 million a year ago. Basic loss per share from continuing operations was INR 1.12 compared to INR 0.84 a year ago. Diluted loss per share from continuing operations was INR 1.12 compared to INR 0.84 a year ago.
For the six months, sales was INR 85.2 million compared to INR 70.4 million a year ago. Revenue was INR 88.02 million compared to INR 72.24 million a year ago. Net loss was INR 7.3 million compared to net income of INR 78.57 million a year ago. Basic loss per share from continuing operations was INR 2.33 compared to basic earnings per share from continuing operations of INR 25.09 a year ago. Diluted loss per share from continuing operations was INR 2.33 compared to diluted earnings per share from continuing operations of INR 25.09 a year ago.