Mid India Industries 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 14.15 million compared to INR 38.31 million a year ago. Revenue was INR 15.69 million compared to INR 38.35 million a year ago. Net loss was INR 1.91 million compared to INR 1.81 million a year ago. Basic loss per share from continuing operations was INR 0.12 compared to INR 0.12 a year ago. Diluted loss per share from continuing operations was INR 0.12 compared to INR 0.12 a year ago.
For the full year, sales was INR 67.32 million compared to INR 146.78 million a year ago. Revenue was INR 68.92 million compared to INR 146.93 million a year ago. Net loss was INR 4.24 million compared to net income of INR 4.5 million a year ago. Basic loss per share from continuing operations was INR 0.26 compared to basic earnings per share from continuing operations of INR 0.26 a year ago. Diluted loss per share from continuing operations was INR 0.26 compared to diluted earnings per share from continuing operations of INR 0.26 a year ago. Basic loss per share was INR 0.26 compared to basic earnings per share of INR 0.26 a year ago. Diluted loss per share was INR 0.26 compared to diluted earnings per share of INR 0.26 a year ago.