Majestic Auto 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 129.7 million compared to INR 115.88 million a year ago. Revenue was INR 190.81 million compared to INR 171.11 million a year ago. Net loss was INR 7.44 million compared to net income of INR 0.417 million a year ago. Basic loss per share from continuing operations was INR 0.5. Diluted loss per share from continuing operations was INR 0.5.
For the full year, sales was INR 495.79 million compared to INR 489.32 million a year ago. Revenue was INR 610.3 million compared to INR 620.08 million a year ago. Net income was INR 37.84 million compared to INR 90.52 million a year ago.