Megasoft Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported revenue was INR 76.14 million compared to INR 0.04 million a year ago. Net loss was INR 81.38 million compared to net income of INR 25.15 million a year ago. Basic loss per share from continuing operations was INR 1.1 compared to basic earnings per share from continuing operations of INR 0.44 a year ago. Diluted loss per share from continuing operations was INR 1.1 compared to diluted earnings per share from continuing operations of INR 0.44 a year ago.
For the full year, revenue was INR 373.95 million compared to INR 438.33 million a year ago. Net loss was INR 127.47 million compared to net income of INR 88.29 million a year ago. Basic loss per share from continuing operations was INR 1.73 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 1.73 compared to diluted earnings per share from continuing operations of INR 1.2 a year ago.