Indo-City Infotech 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 52.39 million compared to INR 29.28 million a year ago. Revenue was INR 54.09 million compared to INR 31.36 million a year ago. Net loss was INR 1.68 million compared to INR 1.25 million a year ago. Basic loss per share from continuing operations was INR 0.16 compared to INR 0.12 a year ago. Diluted loss per share from continuing operations was INR 0.16 compared to INR 0.12 a year ago.
For the full year, sales was INR 175.03 million compared to INR 87.47 million a year ago. Revenue was INR 180.97 million compared to INR 93.56 million a year ago. Net loss was INR 1.23 million compared to INR 0.286 million a year ago. Basic loss per share from continuing operations was INR 0.12 compared to INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 0.12 compared to INR 0.03 a year ago.