Atlas Cycles (Haryana) Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 32.97 million. Revenue was INR 532.59 million compared to INR 0.084 million a year ago. Net income was INR 66.25 million compared to net loss of INR 80.29 million a year ago. Basic earnings per share from continuing operations was INR 10.19 compared to basic loss per share from continuing operations of INR 12.34 a year ago. Diluted earnings per share from continuing operations was INR 10.19 compared to diluted loss per share from continuing operations of INR 12.34 a year ago.
For the full year, sales was INR 63.58 million compared to INR 17.32 million a year ago. Revenue was INR 585.04 million compared to INR 18.12 million a year ago. Net income was INR 6.57 million compared to net loss of INR 232.98 million a year ago. Basic earnings per share from continuing operations was INR 1.01 compared to basic loss per share from continuing operations of INR 35.82 a year ago. Diluted earnings per share from continuing operations was INR 1.01 compared to diluted loss per share from continuing operations of INR 35.82 a year ago.