Hipolin 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 42.86 million compared to INR 35.18 million a year ago. Revenue was INR 43.9 million compared to INR 35.72 million a year ago. Net loss was INR 1.57 million compared to INR 3.09 million a year ago. Basic loss per share from continuing operations was INR 0.5 compared to INR 0.99 a year ago.
For the full year, sales was INR 155.56 million compared to INR 122.16 million a year ago. Revenue was INR 159.52 million compared to INR 124.61 million a year ago. Net income was INR 76.27 million compared to net loss of INR 11.14 million a year ago. Basic earnings per share from continuing operations was INR 24.36 compared to basic loss per share from continuing operations of INR 3.56 a year ago. Diluted earnings per share from continuing operations was INR 24.36 compared to diluted loss per share from continuing operations of INR 3.56 a year ago.