Radhe Developers (India) Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net loss was INR 13.88 million compared to net income of INR 21.97 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to basic earnings per share from continuing operations of INR 0.04 a year ago. Diluted loss per share from continuing operations was INR 0.03 compared to diluted earnings per share from continuing operations of INR 0.04 a year ago.
For the six months, sales was INR 12.47 million compared to INR 88.31 million a year ago. Revenue was INR 11.05 million compared to INR 88.32 million a year ago. Net loss was INR 19.19 million compared to net income of INR 26.69 million a year ago. Basic loss per share from continuing operations was INR 0.04 compared to basic earnings per share from continuing operations of INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 0.04 compared to diluted earnings per share from continuing operations of INR 0.05 a year ago.