Rapicut Carbides 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 124.43 million compared to INR 102.9 million a year ago. Revenue was INR 124.7 million compared to INR 103.1 million a year ago. Net loss was INR 1.14 million compared to net income of INR 2.9 million a year ago. Basic loss per share from continuing operations was INR 0.21 compared to basic earnings per share from continuing operations of INR 0.47 a year ago. Diluted loss per share from continuing operations was INR 0.21 compared to diluted earnings per share from continuing operations of INR 0.47 a year ago.
For the full year, sales was INR 361.36 million compared to INR 280.11 million a year ago. Revenue was INR 361.7 million compared to INR 280.28 million a year ago. Net loss was INR 10.56 million compared to INR 8.17 million a year ago. Basic loss per share from continuing operations was INR 1.97 compared to INR 1.52 a year ago. Diluted loss per share from continuing operations was INR 1.97 compared to INR 1.52 a year ago.