Garnet International 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 185.13 million. Revenue was INR 196.75 million compared to INR 102.02 million a year ago. Net loss was INR 48.55 million compared to net income of INR 3.78 million a year ago. Basic loss per share from continuing operations was INR 2.26 compared to basic earnings per share from continuing operations of INR 0.26 a year ago. Diluted loss per share from continuing operations was INR 2.26 compared to diluted earnings per share from continuing operations of INR 0.26 a year ago. Basic loss per share was INR 2.26 compared to basic earnings per share of INR 0.26 a year ago. Diluted loss per share was INR 2.26 compared to diluted earnings per share of INR 0.26 a year ago.
For the full year, sales was INR 190.63 million compared to INR 191.36 million a year ago. Revenue was INR 203.3 million compared to INR 593.31 million a year ago. Net loss was INR 59.94 million compared to net income of INR 28.42 million a year ago. Basic loss per share from continuing operations was INR 3.05 compared to basic earnings per share from continuing operations of INR 1.66 a year ago. Diluted loss per share from continuing operations was INR 3.05 compared to diluted earnings per share from continuing operations of INR 1.66 a year ago. Basic loss per share was INR 3.05 compared to basic earnings per share of INR 1.66 a year ago. Diluted loss per share was INR 3.05 compared to diluted earnings per share of INR 1.66 a year ago.