CMI 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 101.68 million compared to INR 80.44 million a year ago. Revenue was INR 112.79 million compared to INR 98.55 million a year ago. Net loss was INR 837.97 million compared to INR 390.32 million a year ago. Basic loss per share from continuing operations was INR 52.28 compared to INR 24.35 a year ago. Diluted loss per share from continuing operations was INR 52.28 compared to INR 24.35 a year ago.
For the full year, sales was INR 220.36 million compared to INR 677.48 million a year ago. Revenue was INR 235.93 million compared to INR 709.26 million a year ago. Net loss was INR 1,100.9 million compared to INR 1,428.97 million a year ago. Basic loss per share from continuing operations was INR 68.69 compared to INR 89.16 a year ago. Diluted loss per share from continuing operations was INR 68.69 compared to INR 89.16 a year ago.