The First Custodian Fund (India) Ltd. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported revenue was INR 9.85 million compared to INR 1.56 million a year ago. Net income was INR 7.52 million compared to net loss of INR 0.607 million a year ago. Diluted earnings per share from continuing operations was INR 5.01 compared to diluted loss per share from continuing operations of INR 0.4 a year ago.
For the full year, revenue was INR 28.11 million compared to INR 12.21 million a year ago. Net income was INR 16.4 million compared to INR 4.69 million a year ago. Basic earnings per share from continuing operations was INR 10.93 compared to INR 3.13 a year ago.