Refex Renewables & Infrastructure 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 345.3 million compared to INR 169.2 million a year ago. Revenue was INR 464 million compared to INR 226.9 million a year ago. Net loss was INR 58 million compared to net income of INR 25.7 million a year ago. Basic loss per share from continuing operations was INR 25.24.
For the full year, sales was INR 766.4 million compared to INR 535 million a year ago. Revenue was INR 967.3 million compared to INR 626.3 million a year ago. Net loss was INR 233.8 million compared to INR 324.9 million a year ago. Basic loss per share from continuing operations was INR 67.18 compared to INR 82.31 a year ago.