Royal Cushion Vinyl Products Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 170.98 million compared to INR 206.42 million a year ago. Revenue was INR 173.02 million compared to INR 213.94 million a year ago. Net income was INR 574.68 million compared to net loss of INR 12.15 million a year ago. Basic earnings per share from continuing operations was INR 47.62 compared to basic loss per share from continuing operations of INR 1.01 a year ago. Diluted earnings per share from continuing operations was INR 47.62 compared to diluted loss per share from continuing operations of INR 1.01 a year ago.
For the full year, sales was INR 689.69 million compared to INR 609.66 million a year ago. Revenue was INR 694.21 million compared to INR 739.24 million a year ago. Net income was INR 471.34 million compared to INR 20.02 million a year ago. Basic earnings per share from continuing operations was INR 39.06 compared to INR 1.66 a year ago. Diluted earnings per share from continuing operations was INR 39.06 compared to INR 1.66 a year ago.