Mid India Industries 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 95.27 million compared to INR 13.33 million a year ago. Revenue was INR 95.5 million compared to INR 13.36 million a year ago. Net income was INR 1.98 million compared to net loss of INR 0.937 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to basic loss per share from continuing operations of INR 0.06 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to diluted loss per share from continuing operations of INR 0.06 a year ago.
For the full year, sales was INR 189.8 million compared to INR 16.47 million a year ago. Revenue was INR 190.13 million compared to INR 16.64 million a year ago. Net income was INR 5.19 million compared to net loss of INR 2.5 million a year ago. Basic earnings per share from continuing operations was INR 0.32 compared to basic loss per share from continuing operations of INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 0.32 compared to diluted loss per share from continuing operations of INR 0.15 a year ago.