Advance Metering Technology 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 28.98 million compared to INR 55.73 million a year ago. Revenue was INR 32.07 million compared to INR 71.6 million a year ago. Net loss was INR 24.5 million compared to INR 27.9 million a year ago. Basic loss per share from continuing operations was INR 1.53 compared to INR 1.74 a year ago. Diluted loss per share from continuing operations was INR 1.53 compared to INR 1.74 a year ago.
For the full year, sales was INR 170.34 million compared to INR 156.53 million a year ago. Revenue was INR 199.77 million compared to INR 212.85 million a year ago. Net loss was INR 26.79 million compared to INR 83.8 million a year ago. Basic loss per share from continuing operations was INR 1.67 compared to INR 5.22 a year ago. Diluted loss per share from continuing operations was INR 1.67 compared to INR 5.22 a year ago.