The Ravalgaon Sugar Farm 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 25.02 million compared to INR 25.6 million a year ago. Revenue was INR 25.32 million compared to INR 25.71 million a year ago. Net loss was INR 11.39 million compared to INR 0.516 million a year ago. Basic loss per share from continuing operations was INR 33.502 compared to INR 1.518 a year ago. Diluted loss per share from continuing operations was INR 33.502 compared to INR 1.518 a year ago.
For the full year, sales was INR 96.65 million compared to INR 74.54 million a year ago. Revenue was INR 98.5 million compared to INR 74.77 million a year ago. Net loss was INR 22.99 million compared to net income of INR 19.5 million a year ago. Basic loss per share from continuing operations was INR 67.614 compared to basic earnings per share from continuing operations of INR 57.338 a year ago. Diluted loss per share from continuing operations was INR 67.614 compared to diluted earnings per share from continuing operations of INR 57.338 a year ago.