Vardhman Polytex 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 736.85 million compared to INR 1,631.4 million a year ago. Revenue was INR 782.05 million compared to INR 1,655.71 million a year ago. Net income was INR 9.46 million compared to net loss of INR 78.88 million a year ago. Basic earnings per share from continuing operations was INR 0.038 compared to basic loss per share from continuing operations of INR 0.354 a year ago. Diluted earnings per share from continuing operations was INR 0.029 compared to diluted loss per share from continuing operations of INR 0.354 a year ago.
For the full year, sales was INR 3,706.38 million compared to INR 6,155.1 million a year ago. Revenue was INR 3,996.1 million compared to INR 6,216.69 million a year ago. Net loss was INR 267.6 million compared to net income of INR 14.91 million a year ago. Basic loss per share from continuing operations was INR 1.083 compared to basic earnings per share from continuing operations of INR 0.067 a year ago.