Lactose (India) Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 143.5 million compared to INR 100.41 million a year ago. Revenue was INR 146.47 million compared to INR 101.12 million a year ago. Net income was INR 25.71 million compared to INR 2.97 million a year ago. Basic earnings per share from continuing operations was INR 2.24 compared to INR 0.26 a year ago. Diluted earnings per share from continuing operations was INR 2.24 compared to INR 0.26 a year ago.
For the full year, sales was INR 459.39 million compared to INR 349.63 million a year ago. Revenue was INR 465.2 million compared to INR 352.76 million a year ago. Net income was INR 24.51 million compared to net loss of INR 24.78 million a year ago. Basic earnings per share from continuing operations was INR 2.1 compared to basic loss per share from continuing operations of INR 2.4 a year ago. Diluted earnings per share from continuing operations was INR 2.1 compared to diluted loss per share from continuing operations of INR 2.4 a year ago.