Trio Mercantile & Trading 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 14.9 million compared to INR 28.6 million a year ago. Revenue was INR 17.07 million compared to INR 30.87 million a year ago. Net loss was INR 0.2289 million compared to net income of INR 1.59 million a year ago. Basic loss per share from continuing operations was INR 0.003 compared to basic earnings per share from continuing operations of INR 0.023 a year ago. Diluted loss per share from continuing operations was INR 0.003 compared to diluted earnings per share from continuing operations of INR 0.023 a year ago.
For the full year, sales was INR 36.48 million compared to INR 43.69 million a year ago. Revenue was INR 45.94 million compared to INR 52.46 million a year ago. Net loss was INR 1 million compared to INR 4.61 million a year ago. Basic loss per share from continuing operations was INR 0.015 compared to INR 0.068 a year ago. Diluted loss per share from continuing operations was INR 0.015 compared to INR 0.068 a year ago.