Lippi Systems Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported negative revenue was INR 0.586 million compared to revenue of INR 53.38 million a year ago. Net loss was INR 4.92 million compared to net income of INR 14.09 million a year ago. Basic loss per share from continuing operations was INR 0.7 compared to basic earnings per share from continuing operations of INR 2.01 a year ago. Diluted loss per share from continuing operations was INR 0.7 compared to diluted earnings per share from continuing operations of INR 2.01 a year ago.
For the full year, revenue was INR 6.44 million compared to INR 145.57 million a year ago. Net loss was INR 16.15 million compared to net income of INR 8.38 million a year ago. Basic loss per share from continuing operations was INR 2.31 compared to basic earnings per share from continuing operations of INR 1.2 a year ago. Diluted loss per share from continuing operations was INR 2.31 compared to diluted earnings per share from continuing operations of INR 1.2 a year ago.