IEL 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 10.35 million compared to INR 4.45 million a year ago. Revenue was INR 10.6 million compared to INR 4.45 million a year ago. Net loss was INR 0.42 million compared to net income of INR 3.92 million a year ago. Basic loss per share from continuing operations was INR 0.013 compared to basic earnings per share from continuing operations of INR 0.117 a year ago. Diluted loss per share from continuing operations was INR 0.013 compared to diluted earnings per share from continuing operations of INR 0.117 a year ago.
For the full year, sales was INR 110.73 million compared to INR 10.84 million a year ago. Revenue was INR 110.99 million compared to INR 12.26 million a year ago. Net income was INR 23.66 million compared to INR 3.2 million a year ago. Basic earnings per share from continuing operations was INR 0.709 compared to INR 0.096 a year ago. Diluted earnings per share from continuing operations was INR 0.709 compared to INR 0.096 a year ago.