ARSS Infrastructure Projects 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 1,572.8 million compared to INR 1,231.01 million a year ago. Revenue was INR 1,619.72 million compared to INR 1,276.57 million a year ago. Net income was INR 26.64 million compared to net loss of INR 772.65 million a year ago. Basic earnings per share from continuing operations was INR 1.17 compared to basic loss per share from continuing operations of INR 33.98 a year ago. Diluted earnings per share from continuing operations was INR 1.17 compared to diluted loss per share from continuing operations of INR 33.98 a year ago.
For the full year, sales was INR 4,025.29 million compared to INR 2,888.19 million a year ago. Revenue was INR 4,200.75 million compared to INR 3,056.32 million a year ago. Net income was INR 59.15 million compared to net loss of INR 1,104.11 million a year ago. Basic earnings per share from continuing operations was INR 2.6 compared to basic loss per share from continuing operations of INR 48.56 a year ago. Diluted earnings per share from continuing operations was INR 2.6 compared to diluted loss per share from continuing operations of INR 48.56 a year ago.