Sainik Finance & Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 44.19 million compared to negative revenue of INR 11.12 million a year ago. Net income was INR 16.89 million compared to net loss of INR 88.69 million a year ago. Basic earnings per share from continuing operations was INR 1.55 compared to basic loss per share from continuing operations of INR 8.15 a year ago. Diluted earnings per share from continuing operations was INR 1.55 compared to diluted loss per share from continuing operations of INR 8.15 a year ago.
For the full year, revenue was INR 182.42 million compared to INR 158.03 million a year ago. Net loss was INR 0.875 million compared to INR 81.25 million a year ago. Basic loss per share from continuing operations was INR 0.08 compared to INR 7.47 a year ago. Diluted loss per share from continuing operations was INR 0.08 compared to INR 7.47 a year ago.