VIP Clothing 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 516.3 million compared to INR 486.92 million a year ago. Revenue was INR 517.36 million compared to INR 494.46 million a year ago. Net income was INR 19.76 million compared to INR 20.88 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 0.25 a year ago. Diluted earnings per share from continuing operations was INR 0.24 compared to INR 0.25 a year ago.
For the full year, sales was INR 2,006.4 million compared to INR 1,829.77 million a year ago. Revenue was INR 2,023.82 million compared to INR 1,855.04 million a year ago. Net income was INR 66.37 million compared to net loss of INR 22.13 million a year ago. Basic earnings per share from continuing operations was INR 0.8 compared to basic loss per share from continuing operations of INR 0.27 a year ago. Diluted earnings per share from continuing operations was INR 0.8 compared to diluted loss per share from continuing operations of INR 0.27 a year ago.