Emami Paper Mills 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 5,327 million compared to INR 5,688.1 million a year ago. Revenue was INR 5,336.9 million compared to INR 5,691.2 million a year ago. Net loss was INR 112.7 million compared to net income of INR 366.8 million a year ago. Basic loss per share from continuing operations was INR 2.07 compared to basic earnings per share from continuing operations of INR 5.86 a year ago.
For the full year, sales was INR 23,081.1 million compared to INR 19,577.1 million a year ago. Revenue was INR 23,105.7 million compared to INR 19,597.6 million a year ago. Net income was INR 691.7 million compared to INR 1,148 million a year ago. Basic earnings per share from continuing operations was INR 10.62 compared to INR 18.17 a year ago. Diluted earnings per share from continuing operations was INR 8.71 compared to INR 14.45 a year ago.