Visagar Financial Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 647.93 million compared to INR 210.23 million a year ago. Net income was INR 29.03 million compared to net loss of INR 30.05 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to basic loss per share from continuing operations of INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to diluted loss per share from continuing operations of INR 0.31 a year ago.
For the six months, revenue was INR 1,239.64 million compared to INR 233.11 million a year ago. Net income was INR 33.47 million compared to net loss of INR 30.63 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to basic loss per share from continuing operations of INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.06 compared to diluted loss per share from continuing operations of INR 0.31 a year ago.