VA Tech Wabag 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 9,268.6 million compared to INR 8,918.6 million a year ago. Revenue was INR 9,345.1 million compared to INR 9,015 million a year ago. Net loss was INR 1,111 million compared to net income of INR 463 million a year ago. Basic loss per share from continuing operations was INR 17.63 compared to basic earnings per share from continuing operations of INR 7.7 a year ago.
For the full year, sales was INR 29,604.8 million compared to INR 29,793 million a year ago. Revenue was INR 30,140.8 million compared to INR 30,116.9 million a year ago. Net income was INR 128.5 million compared to INR 1,319.1 million a year ago. Basic earnings per share from continuing operations was INR 2.07 compared to INR 21.21 a year ago.