Hindustan Oil Exploration Company Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 1,263.92 million compared to INR 403.4 million a year ago. Revenue was INR 1,257.86 million compared to INR 451.33 million a year ago. Net income was INR 177.08 million compared to INR 169.58 million a year ago. Basic earnings per share from continuing operations was INR 1.34 compared to INR 1.28 a year ago. Diluted earnings per share from continuing operations was INR 1.34 compared to INR 1.28 a year ago.
For the six months, sales was INR 2,198.14 million compared to INR 719.1 million a year ago. Revenue was INR 2,168.28 million compared to INR 769.25 million a year ago. Net income was INR 500.59 million compared to INR 280.6 million a year ago. Basic earnings per share from continuing operations was INR 3.78 compared to INR 2.12 a year ago. Diluted earnings per share from continuing operations was INR 3.78 compared to INR 2.12 a year ago.