Nirav Commercials 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 31.4 million compared to INR 40.7 million a year ago. Revenue was INR 35.1 million compared to INR 41.4 million a year ago. Net income was INR 1.3 million compared to INR 10.6 million a year ago.
For the full year, sales was INR 96.2 million compared to INR 110.9 million a year ago. Revenue was INR 105.1 million compared to INR 118.9 million a year ago. Net income was INR 6.7 million compared to INR 14.3 million a year ago. Basic earnings per share from continuing operations was INR 17.11 compared to INR 36.75 a year ago. Diluted earnings per share from continuing operations was INR 17.11 compared to INR 36.75 a year ago.