Asian Hotels (East) 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 281.08 million compared to INR 164.41 million a year ago. Revenue was INR 287.19 million compared to INR 165.48 million a year ago. Net income was INR 57.2 million compared to net loss of INR 143.22 million a year ago. Basic earnings per share from continuing operations was INR 3.31 compared to basic loss per share from continuing operations of INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 3.31 compared to diluted loss per share from continuing operations of INR 0.51 a year ago.
For the full year, sales was INR 937.61 million compared to INR 511.93 million a year ago. Revenue was INR 957.96 million compared to INR 514.79 million a year ago. Net income was INR 245.27 million compared to net loss of INR 344.99 million a year ago. Basic earnings per share from continuing operations was INR 13.8 compared to basic loss per share from continuing operations of INR 2.33 a year ago. Diluted earnings per share from continuing operations was INR 13.8 compared to diluted loss per share from continuing operations of INR 2.33 a year ago.