Modern Engineering and Projects Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 407.42 million compared to INR 676.18 million a year ago. Revenue was INR 407.42 million compared to INR 677.51 million a year ago.

Net income was INR 16.29 million compared to net loss of INR 8.78 million a year ago. Basic earnings per share from continuing operations was INR 5.25 compared to basic loss per share from continuing operations of INR 2.84 a year ago. Diluted earnings per share from continuing operations was INR 5.25 compared to diluted loss per share from continuing operations of INR 2.84 a year ago.