Karnavati Finance Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 11.78 million compared to INR 3.36 million a year ago. Net income was INR 6.97 million compared to net loss of INR 4.76 million a year ago. Basic earnings per share from continuing operations was INR 0.069 compared to basic loss per share from continuing operations of INR 0.047 a year ago. Diluted earnings per share from continuing operations was INR 0.069 compared to diluted loss per share from continuing operations of INR 0.047 a year ago.
For the six months, revenue was INR 17.7 million compared to INR 8.08 million a year ago. Net income was INR 8.71 million compared to net loss of INR 6.53 million a year ago. Basic earnings per share from continuing operations was INR 0.087 compared to basic loss per share from continuing operations of INR 0.065 a year ago. Diluted earnings per share from continuing operations was INR 0.087 compared to diluted loss per share from continuing operations of INR 0.065 a year ago.