Ankit Metal & Power Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 2,393.5 million compared to INR 1,985.03 million a year ago. Revenue was INR 2,623.58 million compared to INR 2,393.92 million a year ago.

Net loss was INR 305.63 million compared to net income of INR 55.99 million a year ago. Basic loss per share from continuing operations was INR 2.17 compared to basic earnings per share from continuing operations of INR 0.4 a year ago. Diluted loss per share from continuing operations was INR 2.17 compared to diluted earnings per share from continuing operations of INR 0.4 a year ago.