Flex Foods 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 440.2 million compared to INR 339.4 million a year ago. Revenue was INR 447.5 million compared to INR 347.3 million a year ago. Net loss was INR 17.5 million compared to INR 74.8 million a year ago. Basic loss per share from continuing operations was INR 1.41 compared to INR 6.01 a year ago. Diluted loss per share from continuing operations was INR 1.41 compared to INR 6.01 a year ago.
For the full year, sales was INR 1,200 million compared to INR 1,134.5 million a year ago. Revenue was INR 1,216.9 million compared to INR 1,179.1 million a year ago. Net loss was INR 259.3 million compared to INR 106 million a year ago. Basic loss per share from continuing operations was INR 20.83 compared to INR 8.51 a year ago. Diluted loss per share from continuing operations was INR 20.83 compared to INR 8.51 a year ago.