Hubtown Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 652.2 million compared to INR 759 million a year ago. Revenue was INR 697 million compared to INR 797.7 million a year ago.

Net loss was INR 14.5 million compared to INR 171.5 million a year ago. Basic loss per share from continuing operations was INR 0.15 compared to INR 2.36 a year ago. Diluted loss per share from continuing operations was INR 0.15 compared to INR 2.36 a year ago.