TGB Banquets and Hotels 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 91.58 million compared to INR 76.78 million a year ago. Revenue was INR 127.33 million compared to INR 79.69 million a year ago. Net income was INR 5.07 million compared to net loss of INR 37.76 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to basic loss per share from continuing operations of INR 1.29 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to diluted loss per share from continuing operations of INR 1.29 a year ago.
For the full year, sales was INR 378.46 million compared to INR 261.87 million a year ago. Revenue was INR 421.81 million compared to INR 271.47 million a year ago. Net income was INR 13.63 million compared to net loss of INR 203.7 million a year ago. Basic earnings per share from continuing operations was INR 0.47 compared to basic loss per share from continuing operations of INR 6.96 a year ago. Diluted earnings per share from continuing operations was INR 0.47 compared to diluted loss per share from continuing operations of INR 6.96 a year ago.