Kolte-Patil Developers 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 1,981.5 million compared to INR 1,233.1 million a year ago. Revenue was INR 2,048.6 million compared to INR 1,377.7 million a year ago. Net loss was INR 253.1 million compared to INR 87.9 million a year ago. Basic loss per share from continuing operations was INR 3.33 compared to INR 1.15 a year ago. Diluted loss per share from continuing operations was INR 3.33 compared to INR 1.15 a year ago.
For the six months, sales was INR 7,693.1 million compared to INR 3,234.2 million a year ago. Revenue was INR 7,833.7 million compared to INR 3,421.4 million a year ago. Net income was INR 206.5 million compared to INR 124.4 million a year ago. Basic earnings per share from continuing operations was INR 2.72 compared to INR 1.64 a year ago. Diluted earnings per share from continuing operations was INR 2.72 compared to INR 1.64 a year ago.