Sumedha Fiscal Services Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 100.77 million compared to INR 155.69 million a year ago. Net loss was INR 8.5 million compared to net income of INR 3.25 million a year ago. Basic loss per share from continuing operations was INR 1.06 compared to basic earnings per share from continuing operations of INR 0.41 a year ago. Diluted loss per share from continuing operations was INR 1.06 compared to diluted earnings per share from continuing operations of INR 0.41 a year ago.
For the full year, revenue was INR 607.37 million compared to INR 567.26 million a year ago. Net income was INR 15.28 million compared to INR 30.61 million a year ago. Basic earnings per share from continuing operations was INR 1.91 compared to INR 3.83 a year ago. Diluted earnings per share from continuing operations was INR 1.91 compared to INR 3.83 a year ago.