Global Offshore Services 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 119.07 million compared to INR 185.14 million a year ago. Revenue was INR 120.45 million compared to INR 192.35 million a year ago. Net income was INR 5,415.11 million compared to net loss of INR 136.14 million a year ago. Basic earnings per share from continuing operations was INR 218.98 compared to basic loss per share from continuing operations of INR 5.51 a year ago. Diluted earnings per share from continuing operations was INR 218.98 compared to diluted loss per share from continuing operations of INR 5.51 a year ago.
For the full year, sales was INR 510.14 million compared to INR 649.75 million a year ago. Revenue was INR 512 million compared to INR 661.4 million a year ago. Net income was INR 3,156.69 million compared to net loss of INR 622.21 million a year ago. Basic earnings per share from continuing operations was INR 127.65 compared to basic loss per share from continuing operations of INR 25.16 a year ago. Diluted earnings per share from continuing operations was INR 127.65 compared to diluted loss per share from continuing operations of INR 25.16 a year ago.