Saurashtra Cement 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 4,714.22 million compared to INR 4,295.83 million a year ago. Revenue was INR 4,747.76 million compared to INR 4,341.26 million a year ago. Net income was INR 143.13 million compared to net loss of INR 26.66 million a year ago. Basic earnings per share from continuing operations was INR 1.29 compared to basic loss per share from continuing operations of INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 1.29 compared to diluted loss per share from continuing operations of INR 0.24 a year ago.
For the full year, sales was INR 16,452.94 million compared to INR 14,508.83 million a year ago. Revenue was INR 16,583.8 million compared to INR 14,669.44 million a year ago. Net loss was INR 219.93 million compared to net income of INR 231.1 million a year ago. Basic loss per share from continuing operations was INR 1.99 compared to basic earnings per share from continuing operations of INR 2.1 a year ago. Diluted loss per share from continuing operations was INR 1.99 compared to diluted earnings per share from continuing operations of INR 2.09 a year ago.