Eco Recycling 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 49.5 million compared to INR 51.3 million a year ago. Revenue was INR 47.7 million compared to INR 63.4 million a year ago. Net loss was INR 38.2 million compared to net income of INR 7.8 million a year ago. Basic loss per share from continuing operations was INR 1.97 compared to basic earnings per share from continuing operations of INR 0.6 a year ago. Diluted loss per share from continuing operations was INR 1.97 compared to diluted earnings per share from continuing operations of INR 0.6 a year ago.
For the full year, sales was INR 177.4 million compared to INR 152.9 million a year ago. Revenue was INR 215.3 million compared to INR 271.6 million a year ago. Net income was INR 61.9 million compared to INR 126.9 million a year ago. Basic earnings per share from continuing operations was INR 3.21 compared to INR 6.58 a year ago. Diluted earnings per share from continuing operations was INR 3.21 compared to INR 6.58 a year ago.