SoftTech Engineers 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 183.4 million compared to INR 165.79 million a year ago. Revenue was INR 187.45 million compared to INR 171.03 million a year ago. Net income was INR 3.09 million compared to INR 16.2 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to INR 1.6 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to INR 1.6 a year ago.
For the full year, sales was INR 654.05 million compared to INR 574.57 million a year ago. Revenue was INR 668.35 million compared to INR 593.21 million a year ago. Net income was INR 39.98 million compared to INR 47.87 million a year ago. Basic earnings per share from continuing operations was INR 3.81 compared to INR 4.89 a year ago. Diluted earnings per share from continuing operations was INR 3.78 compared to INR 4.88 a year ago.