Banas Finance Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported negative revenue was INR 193.89 million compared to revenue of INR 366.03 million a year ago. Net loss was INR 212.17 million compared to net income of INR 352.58 million a year ago. Basic loss per share from continuing operations was INR 4.416 compared to basic earnings per share from continuing operations of INR 13.747 a year ago. Diluted loss per share from continuing operations was INR 4.416 compared to diluted earnings per share from continuing operations of INR 13.747 a year ago.
For the six months, negative revenue was INR 698.59 million compared to revenue of INR 395.34 million a year ago. Net loss was INR 783.8 million compared to net income of INR 385.85 million a year ago. Basic loss per share from continuing operations was INR 16.313 compared to basic earnings per share from continuing operations of INR 15.044 a year ago. Diluted loss per share from continuing operations was INR 16.313 compared to diluted earnings per share from continuing operations of INR 15.044 a year ago.