Valecha Engineering Limited reported earnings results for the fourth quarter ended March 31, 2022. For the fourth quarter, the company reported sales was INR 587.6 million compared to INR 1,363.5 million a year ago. Revenue was INR 642.3 million compared to INR 1,374.1 million a year ago.

Net loss was INR 304.3 million compared to INR 709 million a year ago. Basic loss per share from continuing operations was INR 20.01 compared to INR 37.42 a year ago. Diluted loss per share from continuing operations was INR 20.01 compared to INR 37.42 a year ago.