GVP Infotech 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 98.48 million compared to INR 7.11 million a year ago. Revenue was INR 98.6 million compared to INR 933.13 million a year ago. Net income was INR 13.66 million compared to INR 236.09 million a year ago. Basic earnings per share from continuing operations was INR 0.08 compared to INR 14.5 a year ago. Diluted earnings per share from continuing operations was INR 0.08 compared to INR 14.5 a year ago.
For the full year, sales was INR 176.76 million compared to INR 15.31 million a year ago. Revenue was INR 214.75 million compared to INR 941.58 million a year ago. Net income was INR 44.94 million compared to INR 629.56 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 3.866 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 3.866 a year ago.