Padmanabh Alloys and Polymers 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 96.7 million compared to INR 85.5 million a year ago. Revenue was INR 97 million compared to INR 85.6 million a year ago. Net loss was INR 3.9 million compared to net income of INR 2.7 million a year ago. Basic loss per share from continuing operations was INR 0.01 compared to basic earnings per share from continuing operations of INR 0.01 a year ago. Diluted loss per share from continuing operations was INR 0.01 compared to diluted earnings per share from continuing operations of INR 0.01 a year ago.
For the full year, sales was INR 414.6 million compared to INR 289.7 million a year ago. Revenue was INR 415 million compared to INR 289.8 million a year ago. Net income was INR 2.6 million compared to INR 0.3 million a year ago.