Sri Lakshmi Saraswathi Textiles (Arni) Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 282.96 million compared to INR 344.03 million a year ago. Revenue was INR 285.1 million compared to INR 346.74 million a year ago. Net loss was INR 40.26 million compared to INR 53.87 million a year ago. Basic loss per share from continuing operations was INR 12.71 compared to INR 16.16 a year ago. Diluted loss per share from continuing operations was INR 12.71 compared to INR 16.16 a year ago.
For the full year, sales was INR 1,271.17 million compared to INR 1,510.45 million a year ago. Revenue was INR 1,274.45 million compared to INR 1,516.89 million a year ago. Net loss was INR 199.84 million compared to INR 199.7 million a year ago. Basic loss per share from continuing operations was INR 60.59 compared to INR 59.67 a year ago. Diluted loss per share from continuing operations was INR 60.59 compared to INR 59.67 a year ago.