Nivaka Fashions 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 5.48 million compared to INR 35.24 million a year ago. Revenue was INR 11.23 million compared to INR 35.53 million a year ago. Net income was INR 1.95 million compared to INR 3.62 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 0.04 a year ago.
For the full year, sales was INR 41.22 million compared to INR 120.09 million a year ago. Revenue was INR 46.27 million compared to INR 120.4 million a year ago. Net income was INR 0.227 million compared to INR 2.88 million a year ago. Basic earnings per share from continuing operations was INR 0.002 compared to INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.002 compared to INR 0.03 a year ago.