Raj Rayon Industries 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 1,103.96 million. Revenue was INR 1,103.69 million. Net loss was INR 28.66 million compared to INR 145.07 million a year ago. Basic loss per share from continuing operations was INR 0.05 compared to INR 63.56 a year ago.
For the full year, sales was INR 1,372.24 million. Revenue was INR 1,376.68 million compared to INR 0.554 million a year ago. Net loss was INR 123.77 million compared to net income of INR 6,407.74 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 2,807.34 a year ago.