GTN Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 438.1 million compared to INR 1,281.9 million a year ago. Revenue was INR 447.1 million compared to INR 1,288.2 million a year ago. Net loss was INR 13.2 million compared to net income of INR 197.1 million a year ago. Basic loss per share from continuing operations was INR 0.75 compared to basic earnings per share from continuing operations of INR 11.24 a year ago.
For the full year, sales was INR 3,138.9 million compared to INR 4,809.1 million a year ago. Revenue was INR 3,161.2 million compared to INR 4,821.2 million a year ago. Net income was INR 155.6 million compared to INR 346.5 million a year ago. Basic earnings per share from continuing operations was INR 8.87 compared to INR 19.75 a year ago.