Sterlite Technologies 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 11,400 million compared to INR 18,720 million a year ago. Revenue was INR 11,540 million compared to INR 18,960 million a year ago. Net loss was INR 820 million compared to net income of INR 650 million a year ago. Basic loss per share from continuing operations was INR 2.08 compared to basic earnings per share from continuing operations of INR 2.07 a year ago. Diluted loss per share from continuing operations was INR 2.08 compared to diluted earnings per share from continuing operations of INR 2.06 a year ago. Basic loss per share was INR 2.03 compared to basic earnings per share of INR 1.63 a year ago. Diluted loss per share was INR 2.03 compared to diluted earnings per share of INR 1.62 a year ago.
For the full year, sales was INR 54,780 million compared to INR 69,250 million a year ago. Revenue was INR 55,350 million compared to INR 69,660 million a year ago. Net loss was INR 510 million compared to net income of INR 1,410 million a year ago. Basic loss per share from continuing operations was INR 1.46 compared to basic earnings per share from continuing operations of INR 6.15 a year ago. Diluted loss per share from continuing operations was INR 1.46 compared to diluted earnings per share from continuing operations of INR 6.12 a year ago. Basic loss per share was INR 1.27 compared to basic earnings per share of INR 3.53 a year ago. Diluted loss per share was INR 1.27 compared to diluted earnings per share of INR 3.5 a year ago.