Kavveri Telecom Products 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 1.55 million compared to INR 23.55 million a year ago. Revenue was INR 2,398.96 million compared to INR 29.94 million a year ago. Net income was INR 330.47 million compared to net loss of INR 53.94 million a year ago. Basic earnings per share from continuing operations was INR 16.42 compared to basic loss per share from continuing operations of INR 2.68 a year ago. Diluted earnings per share from continuing operations was INR 16.42 compared to diluted loss per share from continuing operations of INR 2.68 a year ago.
For the full year, sales was INR 28.24 million compared to INR 56.08 million a year ago. Revenue was INR 2,436.36 million compared to INR 69.15 million a year ago. Net income was INR 314.88 million compared to net loss of INR 180.91 million a year ago.