Commercial Syn Bags 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 605.85 million compared to INR 980.1 million a year ago. Revenue was INR 607.21 million compared to INR 992.36 million a year ago. Net income was INR 23.85 million compared to INR 61 million a year ago. Basic earnings per share from continuing operations was INR 0.75. Diluted earnings per share from continuing operations was INR 0.75.
For the full year, sales was INR 2,901.67 million compared to INR 3,225.91 million a year ago. Revenue was INR 2,917.89 million compared to INR 3,262.04 million a year ago. Net income was INR 80.87 million compared to INR 183.08 million a year ago. Basic earnings per share from continuing operations was INR 2.08. Diluted earnings per share from continuing operations was INR 2.08.