Refnol Resins and Chemicals 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 167.42 million compared to INR 147.1 million a year ago. Revenue was INR 168.13 million compared to INR 147.16 million a year ago. Net income was INR 0.841 million compared to INR 1.73 million a year ago. Basic earnings per share from continuing operations was INR 0.27 compared to INR 0.56 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to INR 0.56 a year ago.
For the full year, sales was INR 644.97 million compared to INR 504.18 million a year ago. Revenue was INR 645.79 million compared to INR 504.9 million a year ago. Net loss was INR 4.65 million compared to INR 3.97 million a year ago. Basic loss per share from continuing operations was INR 1.5 compared to INR 1.29 a year ago. Diluted loss per share from continuing operations was INR 1.5 compared to INR 1.29 a year ago.