NRB Industrial Bearings 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 218.15 million compared to INR 199.81 million a year ago. Revenue was INR 223.56 million compared to INR 205.25 million a year ago. Net loss was INR 35.71 million compared to INR 14.57 million a year ago. Basic loss per share from continuing operations was INR 1.47 compared to INR 0.6 a year ago.
For the full year, sales was INR 807.27 million compared to INR 694.43 million a year ago. Revenue was INR 825.51 million compared to INR 707.27 million a year ago. Net loss was INR 128.9 million compared to INR 100.96 million a year ago. Basic loss per share from continuing operations was INR 5.32 compared to INR 4.17 a year ago.