Prime Property Development Corporation Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 27.56 million compared to INR 3.5 million a year ago. Net income was INR 83.09 million compared to net loss of INR 6.49 million a year ago. Basic earnings per share from continuing operations was INR 4.96 compared to basic loss per share from continuing operations of INR 0.33 a year ago. Diluted earnings per share from continuing operations was INR 4.96 compared to diluted loss per share from continuing operations of INR 0.33 a year ago.
For the full year, revenue was INR 33.01 million compared to negative revenue of INR 8.11 million a year ago. Net income was INR 61.89 million compared to net loss of INR 48.71 million a year ago. Basic earnings per share from continuing operations was INR 3.71. Diluted earnings per share from continuing operations was INR 3.71.