Minaxi Textiles 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 68.62 million compared to INR 110.26 million a year ago. Revenue was INR 68.37 million compared to INR 110.44 million a year ago. Net loss was INR 21.58 million compared to INR 5.95 million a year ago. Basic loss per share from continuing operations was INR 0.44 compared to INR 0.12 a year ago.
For the full year, sales was INR 292.11 million compared to INR 311.06 million a year ago. Revenue was INR 292.56 million compared to INR 311.84 million a year ago. Net loss was INR 62.13 million compared to INR 15.91 million a year ago. Basic loss per share from continuing operations was INR 1.26 compared to INR 0.32 a year ago.