GVK Power & Infrastructure 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 1,862.5 million compared to INR 6,021.5 million a year ago. Revenue was INR 2,038.5 million compared to INR 6,227.9 million a year ago. Net loss was INR 358 million compared to net income of INR 526.2 million a year ago. Basic loss per share from continuing operations was INR 0.23.
For the full year, sales was INR 21,203.6 million compared to INR 8,582.6 million a year ago. Revenue was INR 21,790.6 million compared to INR 8,887.1 million a year ago. Net income was INR 24,389.4 million compared to INR 26,453.6 million a year ago. Basic earnings per share from continuing operations was INR 15.44 compared to INR 0.97 a year ago. Basic earnings per share was INR 15.44 compared to INR 16.75 a year ago.