Forbes & Company 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 870.8 million compared to INR 112.6 million a year ago. Revenue was INR 895.7 million compared to INR 141.5 million a year ago. Net income was INR 33.9 million compared to INR 102.3 million a year ago. Basic earnings per share from continuing operations was INR 2.66 compared to basic loss per share from continuing operations of INR 1.8 a year ago. Diluted earnings per share from continuing operations was INR 2.66. Basic earnings per share was INR 2.66 compared to INR 8.03 a year ago. Diluted earnings per share was INR 2.66 compared to INR 8.03 a year ago.
For the full year, sales was INR 1,259 million compared to INR 467.4 million a year ago. Revenue was INR 1,511.3 million compared to INR 2,624 million a year ago. Net loss was INR 44.6 million compared to net income of INR 1,919.5 million a year ago. Basic earnings per share from continuing operations was INR 14.87 compared to INR 140.92 a year ago. Diluted earnings per share from continuing operations was INR 14.87 compared to INR 140.9 a year ago. Basic loss per share was INR 3.5 compared to basic earnings per share of INR 150.77 a year ago. Diluted loss per share was INR 3.5 compared to diluted earnings per share of INR 150.77 a year ago.