Hindustan Oil Exploration Company Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 422.07 million compared to INR 288.24 million a year ago. Revenue was INR 436.27 million compared to INR 296.81 million a year ago. Net loss was INR 272.11 million compared to net income of INR 211.98 million a year ago. Basic loss per share from continuing operations was INR 2.06 compared to basic earnings per share from continuing operations of INR 1.6 a year ago. Diluted loss per share from continuing operations was INR 2.06 compared to diluted earnings per share from continuing operations of INR 1.6 a year ago.
For the full year, sales was INR 1,557.25 million compared to INR 1,138.65 million a year ago. Revenue was INR 1,671.89 million compared to INR 1,251.87 million a year ago. Net income was INR 199.94 million compared to INR 534.19 million a year ago. Basic earnings per share from continuing operations was INR 1.51 compared to INR 4.04 a year ago. Diluted earnings per share from continuing operations was INR 1.51 compared to INR 4.04 a year ago.