New Light Apparels Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 16.85 million compared to INR 16.52 million a year ago. Revenue was INR 16.86 million compared to INR 16.53 million a year ago. Net loss was INR 5.24 million compared to net income of INR 3.31 million a year ago. Basic loss per share from continuing operations was INR 2.39 compared to basic earnings per share from continuing operations of INR 1.51 a year ago. Diluted loss per share from continuing operations was INR 2.39 compared to diluted earnings per share from continuing operations of INR 1.51 a year ago.
For the full year, sales was INR 61.85 million compared to INR 198.65 million a year ago. Revenue was INR 61.86 million compared to INR 198.67 million a year ago. Net loss was INR 12.11 million compared to net income of INR 0.209 million a year ago. Basic loss per share from continuing operations was INR 5.52 compared to basic earnings per share from continuing operations of INR 0.1 a year ago. Diluted loss per share from continuing operations was INR 5.52 compared to diluted earnings per share from continuing operations of INR 0.1 a year ago.