Fiberweb (India) 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 49.04 million. Revenue was INR 48.67 million. Net loss was INR 51.47 million.
For the full year, sales was INR 661.14 million compared to INR 953.98 million a year ago. Revenue was INR 673.82 million compared to INR 964.26 million a year ago. Net loss was INR 2.99 million compared to net income of INR 113.35 million a year ago. Basic loss per share from continuing operations was INR 0.18 compared to basic earnings per share from continuing operations of INR 3.94 a year ago. Diluted loss per share from continuing operations was INR 0.18 compared to diluted earnings per share from continuing operations of INR 3.94 a year ago.