Alankit 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 514.97 million compared to INR 287.24 million a year ago. Revenue was INR 1,502.63 million compared to INR 321.19 million a year ago. Net income was INR 47.12 million compared to net loss of INR 44.35 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to basic loss per share from continuing operations of INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to diluted loss per share from continuing operations of INR 0.31 a year ago.
For the full year, sales was INR 1,251.15 million compared to INR 1,276.98 million a year ago. Revenue was INR 3,217.74 million compared to INR 1,366.74 million a year ago. Net loss was INR 337.37 million compared to net income of INR 23.57 million a year ago. Basic loss per share from continuing operations was INR 2.07 compared to basic earnings per share from continuing operations of INR 0.16 a year ago. Diluted loss per share from continuing operations was INR 2.07 compared to diluted earnings per share from continuing operations of INR 0.16 a year ago.