Modison 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 874.31 million compared to INR 999.45 million a year ago. Revenue was INR 876.07 million compared to INR 1,010.2 million a year ago. Net income was INR 76.67 million compared to INR 47.26 million a year ago. Basic earnings per share from continuing operations was INR 2.36 compared to INR 1.46 a year ago.
For the full year, sales was INR 3,347.1 million compared to INR 3,395.25 million a year ago. Revenue was INR 3,362.08 million compared to INR 3,411.89 million a year ago. Net income was INR 111.73 million compared to INR 146.19 million a year ago. Basic earnings per share from continuing operations was INR 3.44 compared to INR 4.51 a year ago.