Ace Integrated Solutions Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 22.1 million compared to INR 50.1 million a year ago. Revenue was INR 22.7 million compared to INR 51.2 million a year ago. Net income was INR 2.4 million compared to INR 14.3 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to INR 1.42 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to INR 1.42 a year ago.
For the full year, sales was INR 69.1 million compared to INR 87.4 million a year ago. Revenue was INR 71.1 million compared to INR 90.1 million a year ago. Net income was INR 4.7 million compared to INR 9.9 million a year ago. Basic earnings per share from continuing operations was INR 0.47 compared to INR 0.99 a year ago. Diluted earnings per share from continuing operations was INR 0.47 compared to INR 0.99 a year ago.