Narbada Gems and Jewellery 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 190.17 million compared to INR 121.88 million a year ago. Revenue was INR 191.68 million compared to INR 122.53 million a year ago. Net loss was INR 4.59 million compared to net income of INR 4.09 million a year ago. Basic loss per share from continuing operations was INR 0.22 compared to basic earnings per share from continuing operations of INR 0.23 a year ago. Diluted loss per share from continuing operations was INR 0.22 compared to diluted earnings per share from continuing operations of INR 0.21 a year ago.
For the full year, sales was INR 930.54 million compared to INR 606.29 million a year ago. Revenue was INR 935.64 million compared to INR 609.4 million a year ago. Net income was INR 35.52 million compared to INR 34.59 million a year ago. Basic earnings per share from continuing operations was INR 1.72 compared to INR 2.15 a year ago. Diluted earnings per share from continuing operations was INR 1.7 compared to INR 1.83 a year ago.