Indus Towers 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 67,529 million compared to INR 71,163 million a year ago. Revenue was INR 68,690 million compared to INR 72,253 million a year ago. Net income was INR 13,991 million compared to INR 18,285 million a year ago. Basic earnings per share from continuing operations was INR 5.19 compared to INR 6.79 a year ago. Diluted earnings per share from continuing operations was INR 5.19 compared to INR 6.79 a year ago.
For the full year, sales was INR 283,818 million compared to INR 277,172 million a year ago. Revenue was INR 287,431 million compared to INR 280,697 million a year ago. Net income was INR 20,400 million compared to INR 63,731 million a year ago. Basic earnings per share from continuing operations was INR 7.57 compared to INR 23.65 a year ago. Diluted earnings per share from continuing operations was INR 7.57 compared to INR 23.65 a year ago.