Gini Silk Mills 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 116.23 million compared to INR 123.39 million a year ago. Revenue was INR 123.45 million compared to INR 127.36 million a year ago. Net income was INR 6.98 million compared to INR 10.81 million a year ago. Basic earnings per share from continuing operations was INR 1.25 compared to INR 1.93 a year ago.
For the full year, sales was INR 437.33 million compared to INR 461.87 million a year ago. Revenue was INR 464.31 million compared to INR 478.8 million a year ago. Net income was INR 30.36 million compared to INR 15.31 million a year ago. Basic earnings per share from continuing operations was INR 5.43 compared to INR 2.74 a year ago.