Ambalal Sarabhai Enterprises 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 444.39 million compared to INR 544.28 million a year ago. Revenue was INR 488 million compared to INR 629.67 million a year ago. Net income was INR 54.92 million compared to INR 75.89 million a year ago. Basic earnings per share from continuing operations was INR 0.72 compared to INR 0.99 a year ago.
For the full year, sales was INR 1,702.84 million compared to INR 1,967.45 million a year ago. Revenue was INR 1,827.73 million compared to INR 2,387.61 million a year ago. Net income was INR 111.01 million compared to INR 472.19 million a year ago. Basic earnings per share from continuing operations was INR 1.45 compared to INR 6.16 a year ago.