Saraswati Commercial (India) Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported negative revenue was INR 176.28 million compared to revenue of INR 113.04 million a year ago. Net loss was INR 173.84 million compared to net income of INR 64.37 million a year ago. Basic loss per share from continuing operations was INR 168.78 compared to basic earnings per share from continuing operations of INR 62.63 a year ago. Diluted loss per share from continuing operations was INR 168.78 compared to diluted earnings per share from continuing operations of INR 62.63 a year ago.
For the full year, revenue was INR 240.27 million compared to INR 869.16 million a year ago. Net income was INR 116.88 million compared to INR 649.24 million a year ago. Basic earnings per share from continuing operations was INR 113.48 compared to INR 631.69 a year ago. Diluted earnings per share from continuing operations was INR 113.48 compared to INR 631.69 a year ago.