Loyal Textile Mills Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 2,007.6 million compared to INR 3,299.8 million a year ago. Revenue was INR 2,416 million compared to INR 3,553.8 million a year ago.

Net loss was INR 133.7 million compared to net income of INR 3.9 million a year ago. Basic loss per share from continuing operations was INR 27.76 compared to basic earnings per share from continuing operations of INR 0.81 a year ago. Diluted loss per share from continuing operations was INR 27.76 compared to diluted earnings per share from continuing operations of INR 0.81 a year ago.