Akash Infra-Projects 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 147.07 million compared to INR 43.51 million a year ago. Revenue was INR 154.71 million compared to INR 50.47 million a year ago. Net income was INR 4.46 million compared to INR 2.17 million a year ago. Basic earnings per share from continuing operations was INR 0.27 compared to INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to INR 0.14 a year ago.
For the six months, sales was INR 390.14 million compared to INR 336.17 million a year ago. Revenue was INR 398.96 million compared to INR 344.14 million a year ago. Net loss was INR 7.69 million compared to net income of INR 10.21 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to basic earnings per share from continuing operations of INR 0.62 a year ago. Diluted loss per share from continuing operations was INR 0.45 compared to diluted earnings per share from continuing operations of INR 0.62 a year ago.