Sambandam Spinning Mills 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 968.36 million compared to INR 808.37 million a year ago. Revenue was INR 969.04 million compared to INR 808.54 million a year ago. Net loss was INR 51.7 million compared to net income of INR 92.06 million a year ago. Basic loss per share from continuing operations was INR 12.12 compared to basic earnings per share from continuing operations of INR 21.59 a year ago.
For the full year, sales was INR 3,549.39 million compared to INR 2,310.69 million a year ago. Revenue was INR 3,553.68 million compared to INR 2,313.9 million a year ago. Net income was INR 151.48 million compared to INR 81.18 million a year ago. Basic earnings per share from continuing operations was INR 35.52 compared to INR 19.03 a year ago.