Hemang Resources 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 53.7 million compared to INR 867.17 million a year ago. Revenue was INR 72 million compared to INR 867.92 million a year ago. Net loss was INR 7.3 million compared to net income of INR 31.19 million a year ago. Basic loss per share from continuing operations was INR 0.55 compared to basic earnings per share from continuing operations of INR 2.36 a year ago. Diluted loss per share from continuing operations was INR 0.55 compared to diluted earnings per share from continuing operations of INR 2.36 a year ago.
For the six months, sales was INR 298.34 million compared to INR 1,555.3 million a year ago. Revenue was INR 317.66 million compared to INR 1,556.15 million a year ago. Net loss was INR 123.92 million compared to net income of INR 80.29 million a year ago. Basic loss per share from continuing operations was INR 9.39 compared to basic earnings per share from continuing operations of INR 6.08 a year ago. Diluted loss per share from continuing operations was INR 9.39 compared to diluted earnings per share from continuing operations of INR 6.08 a year ago.