Asian Energy Services 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 286.9 million compared to INR 619.01 million a year ago. Revenue was INR 302.74 million compared to INR 624.27 million a year ago. Net loss was INR 65.47 million compared to net income of INR 89.64 million a year ago. Basic loss per share from continuing operations was INR 1.74 compared to basic earnings per share from continuing operations of INR 2.37 a year ago. Diluted loss per share from continuing operations was INR 1.74 compared to diluted earnings per share from continuing operations of INR 2.37 a year ago.
For the full year, sales was INR 1,099.51 million compared to INR 2,604.71 million a year ago. Revenue was INR 1,140.48 million compared to INR 2,633 million a year ago. Net loss was INR 443.57 million compared to net income of INR 388.11 million a year ago. Basic loss per share from continuing operations was INR 11.77 compared to basic earnings per share from continuing operations of INR 10.25 a year ago. Diluted loss per share from continuing operations was INR 11.77 compared to diluted earnings per share from continuing operations of INR 10.25 a year ago.