Gita Renewable Energy Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 0.6 million compared to INR 0.6 million a year ago. Revenue was INR 49.48 million compared to INR 2.71 million a year ago. Net income was INR 38.41 million compared to INR 1.5 million a year ago. Basic earnings per share from continuing operations was INR 33.8 compared to INR 0.37 a year ago. Diluted earnings per share from continuing operations was INR 33.8 compared to INR 0.37 a year ago.
For the full year, sales was INR 2.4 million compared to INR 2.4 million a year ago. Revenue was INR 38.09 million compared to INR 4.24 million a year ago. Net income was INR 23.81 million compared to net loss of INR 141.35 million a year ago. Basic earnings per share from continuing operations was INR 30.25 compared to basic loss per share from continuing operations of INR 34.37 a year ago. Diluted earnings per share from continuing operations was INR 30.25 compared to diluted loss per share from continuing operations of INR 34.37 a year ago.