Victory Paper and Boards India Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 80.308 million compared to INR 80.829 million a year ago. Net loss was INR 14.538 million compared to net income of INR 0.768 million a year ago. Basic loss per share was INR 1.08 compared to basic earnings per share of INR 0.06 a year ago. For the full year, total revenue was INR 262.603 million compared to INR 198.342 million a year ago. Net loss was INR 44.465 million compared to INR 48.684 million a year ago. Basic loss per share was INR 3.29 compared to INR 3.61 a year ago.