Bhilwara Technical Textiles 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 13.1 million compared to INR 39.82 million a year ago. Revenue was INR 17.35 million compared to INR 42.08 million a year ago. Net loss was INR 22.89 million compared to INR 2.82 million a year ago. Basic loss per share from continuing operations was INR 0.39 compared to INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 0.39 compared to INR 0.05 a year ago.
For the full year, sales was INR 125.27 million compared to INR 194.87 million a year ago. Revenue was INR 142.06 million compared to INR 203.93 million a year ago. Net loss was INR 40.69 million compared to net income of INR 173.39 million a year ago. Basic loss per share from continuing operations was INR 0.7 compared to basic earnings per share from continuing operations of INR 2.98 a year ago. Diluted loss per share from continuing operations was INR 0.7 compared to diluted earnings per share from continuing operations of INR 2.98 a year ago.