Modern Dairies Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 504.43 million compared to INR 812.13 million a year ago. Revenue was INR 506.74 million compared to INR 813.04 million a year ago. Net income was INR 25.12 million compared to net loss of INR 397.96 million a year ago. Basic earnings per share from continuing operations was INR 1.08 compared to basic loss per share from continuing operations of INR 17.07 a year ago. Diluted earnings per share from continuing operations was INR 1.08 compared to diluted loss per share from continuing operations of INR 17.07 a year ago.
For the full year, sales was INR 2,417.42 million compared to INR 6,100.8 million a year ago. Revenue was INR 2,421.67 million compared to INR 6,104.4 million a year ago. Net income was INR 49.52 million compared to net loss of INR 347.35 million a year ago. Basic earnings per share from continuing operations was INR 2.12 compared to basic loss per share from continuing operations of INR 14.89 a year ago. Diluted earnings per share from continuing operations was INR 2.12 compared to diluted loss per share from continuing operations of INR 14.89 a year ago.