MT Educare 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 91.41 million compared to INR 83.39 million a year ago. Revenue was INR 109.5 million compared to INR 170.16 million a year ago. Net loss was INR 473.79 million compared to INR 125.1 million a year ago. Basic loss per share from continuing operations was INR 6.56 compared to INR 1.73 a year ago. Diluted loss per share from continuing operations was INR 6.56 compared to INR 1.73 a year ago.
For the full year, sales was INR 581.93 million compared to INR 530.5 million a year ago. Revenue was INR 626.92 million compared to INR 680.27 million a year ago. Net loss was INR 607.07 million compared to INR 255.24 million a year ago. Basic loss per share from continuing operations was INR 8.4 compared to INR 3.53 a year ago. Diluted loss per share from continuing operations was INR 8.4 compared to INR 3.53 a year ago.