Yarn Syndicate Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 0.294 million compared to INR 2.96 million a year ago. Net loss was INR 0.22 million compared to net income of INR 2.37 million a year ago. Basic loss per share from continuing operations was INR 0.06 compared to basic earnings per share from continuing operations of INR 0.63 a year ago.
For the full year, revenue was INR 0.294 million compared to INR 5.96 million a year ago. Net loss was INR 1.61 million compared to net income of INR 4.03 million a year ago. Basic loss per share from continuing operations was INR 0.43 compared to basic earnings per share from continuing operations of INR 1.08 a year ago.