Alps Industries Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 15.19 million compared to INR 494.1 million a year ago. Revenue was INR 16.77 million compared to INR 511.78 million a year ago.

Net loss was INR 180.47 million compared to INR 370.76 million a year ago. Basic loss per share from continuing operations was INR 4.61 compared to INR 9.47 a year ago. Diluted loss per share from continuing operations was INR 4.61 compared to INR 9.47 a year ago.