Art Nirman 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 116.76 million compared to INR 64.41 million a year ago. Revenue was INR 117 million compared to INR 64.83 million a year ago. Net income was INR 3.9 million compared to net loss of INR 38.3 million a year ago. Basic earnings per share from continuing operations was INR 0.16 compared to basic loss per share from continuing operations of INR 1.53 a year ago. Diluted earnings per share from continuing operations was INR 0.16 compared to diluted loss per share from continuing operations of INR 1.53 a year ago.
For the full year, sales was INR 197.17 million compared to INR 368.25 million a year ago. Revenue was INR 197.45 million compared to INR 368.87 million a year ago. Net income was INR 1.12 million compared to net loss of INR 109.97 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to basic loss per share from continuing operations of INR 4.41 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to diluted loss per share from continuing operations of INR 4.41 a year ago.