IB Infotech Enterprises 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 6.1 million. Revenue was INR 6.16 million compared to INR 0.052 million a year ago. Net income was INR 1.38 million compared to net loss of INR 0.191 million a year ago. Basic earnings per share from continuing operations was INR 1.08 compared to basic loss per share from continuing operations of INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 1.08 compared to diluted loss per share from continuing operations of INR 0.15 a year ago.
For the full year, sales was INR 29.91 million. Revenue was INR 30.05 million compared to INR 0.222 million a year ago. Net income was INR 7.37 million compared to net loss of INR 1.19 million a year ago. Basic earnings per share from continuing operations was INR 5.76 compared to basic loss per share from continuing operations of INR 0.93 a year ago. Diluted earnings per share from continuing operations was INR 5.76 compared to diluted loss per share from continuing operations of INR 0.93 a year ago.