InfoBeans Technologies 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 908.8 million compared to INR 994.6 million a year ago. Revenue was INR 951.7 million compared to INR 1,015.9 million a year ago. Net income was INR 42.1 million compared to INR 102.3 million a year ago. Basic earnings per share from continuing operations was INR 1.73 compared to INR 4.23 a year ago. Diluted earnings per share from continuing operations was INR 1.72 compared to INR 4.2 a year ago.
For the six months, sales was INR 1,824.8 million compared to INR 1,956.6 million a year ago. Revenue was INR 1,895.4 million compared to INR 1,999.1 million a year ago. Net income was INR 76.7 million compared to INR 218.8 million a year ago. Basic earnings per share from continuing operations was INR 3.16 compared to INR 9.02 a year ago. Diluted earnings per share from continuing operations was INR 3.14 compared to INR 8.99 a year ago.