Arihant Foundations & Housing Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 136.1 million compared to INR 273.3 million a year ago. Revenue was INR 216.7 million compared to INR 316 million a year ago.

Net income was INR 20.2 million compared to INR 41.4 million a year ago. Basic earnings per share from continuing operations was INR 3.63 compared to INR 7 a year ago. Diluted earnings per share from continuing operations was INR 3.63 compared to INR 7 a year ago.