Simplex Castings Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 444.39 million compared to INR 315.42 million a year ago. Revenue was INR 450.41 million compared to INR 317.82 million a year ago.

Net loss was INR 10.89 million compared to net income of INR 12.54 million a year ago. Basic loss per share from continuing operations was INR 1.78 compared to basic earnings per share from continuing operations of INR 2.05 a year ago. Diluted loss per share from continuing operations was INR 1.78 compared to diluted earnings per share from continuing operations of INR 2.05 a year ago.