CARE Ratings 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 775.1 million compared to INR 658.81 million a year ago. Revenue was INR 878.79 million compared to INR 730.58 million a year ago. Net income was INR 196.03 million compared to INR 229 million a year ago. Basic earnings per share from continuing operations was INR 6.6 compared to INR 7.72 a year ago. Diluted earnings per share from continuing operations was INR 6.6 compared to INR 7.68 a year ago.
For the full year, sales was INR 2,789.93 million compared to INR 2,476.33 million a year ago. Revenue was INR 3,169.3 million compared to INR 2,748.24 million a year ago. Net income was INR 835.29 million compared to INR 751.08 million a year ago. Basic earnings per share from continuing operations was INR 28.17 compared to INR 25.45 a year ago. Diluted earnings per share from continuing operations was INR 28.17 compared to INR 25.31 a year ago.