Hitech Corporation 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 1,284.94 million compared to INR 1,500.54 million a year ago. Revenue was INR 1,293.96 million compared to INR 1,502.24 million a year ago. Net income was INR 88.24 million compared to INR 83.43 million a year ago. Basic earnings per share from continuing operations was INR 5.14 compared to INR 4.86 a year ago. Diluted earnings per share from continuing operations was INR 5.14 compared to INR 4.86 a year ago.
For the full year, sales was INR 5,586.74 million compared to INR 5,884.55 million a year ago. Revenue was INR 5,604.12 million compared to INR 5,892.46 million a year ago. Net income was INR 283.29 million compared to INR 373.97 million a year ago. Basic earnings per share from continuing operations was INR 16.49 compared to INR 21.77 a year ago. Diluted earnings per share from continuing operations was INR 16.49 compared to INR 21.77 a year ago.