Lyka Labs 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 222.39 million compared to INR 351.85 million a year ago. Revenue was INR 226.67 million compared to INR 357.18 million a year ago. Net loss was INR 30.07 million compared to INR 150.7 million a year ago. Basic loss per share from continuing operations was INR 1.05 compared to INR 5.26 a year ago.
For the full year, sales was INR 930.73 million compared to INR 1,940.85 million a year ago. Revenue was INR 964.74 million compared to INR 1,961.79 million a year ago. Net loss was INR 132.12 million compared to net income of INR 390 million a year ago. Basic loss per share from continuing operations was INR 4.63 compared to basic earnings per share from continuing operations of INR 13.57 a year ago.