AVI Polymers 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 0.476 million compared to INR 21 million a year ago. Revenue was INR 1.22 million compared to INR 21.61 million a year ago. Net income was INR 0.182 million compared to INR 1.26 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 0.31 a year ago.
For the full year, sales was INR 37.97 million compared to INR 49.01 million a year ago. Revenue was INR 40.32 million compared to INR 52.21 million a year ago. Net income was INR 1.18 million compared to INR 4.81 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to INR 1.17 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to INR 1.17 a year ago.