PBM Polytex 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 516.74 million compared to INR 645.84 million a year ago. Revenue was INR 530.64 million compared to INR 649.45 million a year ago. Net loss was INR 4.12 million compared to net income of INR 39.86 million a year ago. Basic loss per share from continuing operations was INR 0.6 compared to basic earnings per share from continuing operations of INR 5.8 a year ago. Diluted loss per share from continuing operations was INR 0.6 compared to diluted earnings per share from continuing operations of INR 5.8 a year ago.
For the full year, sales was INR 2,022.08 million compared to INR 2,553.76 million a year ago. Revenue was INR 2,052.94 million compared to INR 2,568.52 million a year ago. Net income was INR 3.37 million compared to INR 219.44 million a year ago. Basic earnings per share from continuing operations was INR 0.49 compared to INR 31.9 a year ago. Diluted earnings per share from continuing operations was INR 0.49 compared to INR 31.9 a year ago.