Shalimar Wires Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported revenue was INR 373.42 million compared to INR 321.37 million a year ago. Net loss was INR 1.04 million compared to net income of INR 41.92 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to basic earnings per share from continuing operations of INR 0.98 a year ago. Diluted loss per share from continuing operations was INR 0.02 compared to diluted earnings per share from continuing operations of INR 0.98 a year ago.
For the full year, revenue was INR 1,332.94 million compared to INR 1,235.95 million a year ago. Net income was INR 14.66 million compared to INR 65.29 million a year ago. Basic earnings per share from continuing operations was INR 0.34 compared to INR 1.53 a year ago. Diluted earnings per share from continuing operations was INR 0.34 compared to INR 1.53 a year ago.