Advance Metering Technology 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 47.19 million compared to INR 28.99 million a year ago. Revenue was INR 53.69 million compared to INR 32.07 million a year ago. Net loss was INR 30.05 million compared to INR 24.5 million a year ago. Basic loss per share from continuing operations was INR 2.14 compared to INR 1.53 a year ago. Diluted loss per share from continuing operations was INR 2.14 compared to INR 1.53 a year ago.
For the full year, sales was INR 184.31 million compared to INR 170.34 million a year ago. Revenue was INR 204.8 million compared to INR 199.77 million a year ago. Net income was INR 55.01 million compared to net loss of INR 26.79 million a year ago. Basic earnings per share from continuing operations was INR 3.97 compared to basic loss per share from continuing operations of INR 1.67 a year ago. Diluted earnings per share from continuing operations was INR 3.97 compared to diluted loss per share from continuing operations of INR 1.67 a year ago.