Elgi Rubber Company Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 950.87 million compared to INR 963.82 million a year ago. Revenue was INR 1,002.88 million compared to INR 936.3 million a year ago. Net loss was INR 17.03 million compared to INR 160.9 million a year ago. Basic loss per share from continuing operations was INR 0.34 compared to INR 3.21 a year ago. Diluted loss per share from continuing operations was INR 0.34 compared to INR 3.21 a year ago.
For the full year, sales was INR 3,864.45 million compared to INR 3,944.96 million a year ago. Revenue was INR 4,088.62 million compared to INR 4,196.56 million a year ago. Net income was INR 116.61 million compared to INR 67.5 million a year ago. Basic earnings per share from continuing operations was INR 2.33 compared to INR 1.35 a year ago. Diluted earnings per share from continuing operations was INR 2.33 compared to INR 1.35 a year ago.