HB Estate Developers Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 277.03 million compared to INR 186.16 million a year ago. Revenue was INR 279.14 million compared to INR 192.21 million a year ago. Net income was INR 21.28 million compared to net loss of INR 11.8 million a year ago. Basic earnings per share from continuing operations was INR 1.09 compared to basic loss per share from continuing operations of INR 0.61 a year ago. Diluted earnings per share from continuing operations was INR 1.09 compared to diluted loss per share from continuing operations of INR 0.61 a year ago.
For the nine months, sales was INR 686.27 million compared to INR 357.39 million a year ago. Revenue was INR 693.92 million compared to INR 369.28 million a year ago. Net loss was INR 2.12 million compared to INR 129.67 million a year ago. Basic loss per share from continuing operations was INR 0.11 compared to INR 6.66 a year ago. Diluted loss per share from continuing operations was INR 0.11 compared to INR 6.66 a year ago.