Algoquant Fintech 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 110.57 million compared to INR 71.63 million a year ago. Revenue was INR 113.13 million compared to INR 71.98 million a year ago. Net income was INR 4.34 million compared to INR 28.74 million a year ago. Basic earnings per share from continuing operations was INR 0.34 compared to INR 3.31 a year ago. Basic earnings per share was INR 0.54 compared to INR 3.58 a year ago.
For the six months, sales was INR 217.73 million compared to INR 68.1 million a year ago. Revenue was INR 221.26 million compared to INR 70.93 million a year ago. Net income was INR 9.07 million compared to INR 15.34 million a year ago. Basic earnings per share from continuing operations was INR 0.94 compared to INR 1.68 a year ago. Basic earnings per share was INR 1.13 compared to INR 1.91 a year ago.