Banas Finance 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 215.04 million compared to negative revenue of INR 193.89 million a year ago. Net income was INR 177.16 million compared to net loss of INR 212.17 million a year ago. Basic earnings per share from continuing operations was INR 3.687 compared to basic loss per share from continuing operations of INR 4.416 a year ago. Diluted earnings per share from continuing operations was INR 3.687 compared to diluted loss per share from continuing operations of INR 4.416 a year ago.
For the six months, revenue was INR 327.04 million compared to negative revenue of INR 698.59 million a year ago. Net income was INR 241.39 million compared to net loss of INR 784.11 million a year ago. Basic earnings per share from continuing operations was INR 5.024 compared to basic loss per share from continuing operations of INR 16.32 a year ago. Diluted earnings per share from continuing operations was INR 5.024 compared to diluted loss per share from continuing operations of INR 16.32 a year ago.