Kamat Hotels (India) Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 804.53 million compared to INR 462 million a year ago. Revenue was INR 821.4 million compared to INR 465.56 million a year ago.

Net income was INR 2,711.64 million compared to net loss of INR 27.63 million a year ago. Basic earnings per share from continuing operations was INR 113.72 compared to basic loss per share from continuing operations of INR 1.17 a year ago. Diluted earnings per share from continuing operations was INR 108.34 compared to diluted loss per share from continuing operations of INR 1.17 a year ago.