Arihant Foundations & Housing 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 91.5 million compared to INR 228 million a year ago. Revenue was INR 125 million compared to INR 258.6 million a year ago. Net income was INR 11.7 million compared to INR 60.1 million a year ago. Basic earnings per share from continuing operations was INR 1.36 compared to INR 6.98 a year ago. Diluted earnings per share from continuing operations was INR 1.36 compared to INR 6.98 a year ago.
For the six months, sales was INR 461.4 million compared to INR 402.6 million a year ago. Revenue was INR 525.7 million compared to INR 481.3 million a year ago. Net income was INR 35.4 million compared to INR 70.2 million a year ago. Basic earnings per share from continuing operations was INR 4.12 compared to INR 8.16 a year ago. Diluted earnings per share from continuing operations was INR 4.12 compared to INR 8.16 a year ago.