Hemang Resources Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 380.65 million compared to INR 530.82 million a year ago. Revenue was INR 390.95 million compared to INR 547.69 million a year ago.

Net loss was INR 14.67 million compared to net income of INR 130.28 million a year ago. Basic loss per share from continuing operations was INR 1.11 compared to basic earnings per share from continuing operations of INR 9.87 a year ago. Diluted loss per share from continuing operations was INR 1.11 compared to diluted earnings per share from continuing operations of INR 9.87 a year ago.