Gujarat Raffia Industries 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 108.34 million compared to INR 128.58 million a year ago. Revenue was INR 116.59 million compared to INR 130.52 million a year ago. Net income was INR 2.16 million compared to INR 1.63 million a year ago. Basic earnings per share from continuing operations was INR 0.4 compared to INR 0.3 a year ago. Diluted earnings per share from continuing operations was INR 0.4 compared to INR 0.3 a year ago.
For the full year, sales was INR 392.41 million compared to INR 379.83 million a year ago. Revenue was INR 413.79 million compared to INR 385.46 million a year ago. Net income was INR 10.27 million compared to INR 11.18 million a year ago. Basic earnings per share from continuing operations was INR 1.9 compared to INR 2.07 a year ago. Diluted earnings per share from continuing operations was INR 1.9 compared to INR 2.07 a year ago.