Morarjee Textiles Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 512.5 million compared to INR 798.3 million a year ago. Revenue was INR 515.2 million compared to INR 798.9 million a year ago.

Net loss was INR 675.9 million compared to INR 237 million a year ago. Basic loss per share from continuing operations was INR 18.6 compared to INR 6.52 a year ago.