Elitecon International Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 68.18 million compared to INR 118.22 million a year ago. Revenue was INR 71.82 million compared to INR 118.74 million a year ago.

Net loss was INR 566.05 million compared to net income of INR 14.26 million a year ago. Basic loss per share from continuing operations was INR 467.81 compared to basic earnings per share from continuing operations of INR 11.78 a year ago. Diluted loss per share from continuing operations was INR 467.81.