Hemang Resources 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 867.17 million. Revenue was INR 867.92 million compared to INR 111.36 million a year ago. Net income was INR 31.19 million compared to INR 3.52 million a year ago. Basic earnings per share from continuing operations was INR 2.36 compared to INR 0.27 a year ago. Diluted earnings per share from continuing operations was INR 2.36 compared to INR 0.27 a year ago.
For the six months, sales was INR 1,555.3 million. Revenue was INR 1,556.15 million compared to INR 111.62 million a year ago. Net income was INR 80.29 million compared to net loss of INR 0.544 million a year ago. Basic earnings per share from continuing operations was INR 6.08 compared to basic loss per share from continuing operations of INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 6.08 compared to diluted loss per share from continuing operations of INR 0.04 a year ago.