Suvidhaa Infoserve Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 20.9 million compared to INR 82.7 million a year ago. Revenue was INR 48.5 million compared to INR 176.8 million a year ago. Net loss was INR 34.3 million compared to net income of INR 12.4 million a year ago. Basic loss per share from continuing operations was INR 0.17 compared to basic earnings per share from continuing operations of INR 0.06 a year ago. Diluted loss per share from continuing operations was INR 0.17 compared to diluted earnings per share from continuing operations of INR 0.06 a year ago.
For the full year, sales was INR 76.1 million compared to INR 312.9 million a year ago. Revenue was INR 108.3 million compared to INR 411 million a year ago. Net loss was INR 161.2 million compared to INR 17.5 million a year ago. Basic loss per share from continuing operations was INR 0.78 compared to INR 0.09 a year ago. Diluted loss per share from continuing operations was INR 0.78 compared to INR 0.09 a year ago.