Informed Technologies India 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 6 million compared to INR 5.74 million a year ago. Revenue was INR 4.23 million compared to INR 13.37 million a year ago. Net loss was INR 5.92 million compared to net income of INR 1.94 million a year ago. Basic loss per share from continuing operations was INR 1.42 compared to basic earnings per share from continuing operations of INR 0.46 a year ago. Diluted loss per share from continuing operations was INR 1.42 compared to diluted earnings per share from continuing operations of INR 0.46 a year ago.
For the full year, sales was INR 24.99 million compared to INR 26.42 million a year ago. Revenue was INR 33.09 million compared to INR 48.31 million a year ago. Net loss was INR 4.5 million compared to net income of INR 15.14 million a year ago. Basic loss per share from continuing operations was INR 1.08 compared to basic earnings per share from continuing operations of INR 3.63 a year ago. Diluted loss per share from continuing operations was INR 1.08 compared to diluted earnings per share from continuing operations of INR 3.63 a year ago.