IMP Powers Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported revenue was INR 2.2 million compared to INR 21.31 million a year ago. Net loss was INR 85.68 million compared to INR 420.08 million a year ago. Basic loss per share from continuing operations was INR 9.92 compared to INR 48.64 a year ago. Diluted loss per share from continuing operations was INR 9.92 compared to INR 48.64 a year ago.
For the full year, sales was INR 15.48 million compared to INR 280.5 million a year ago. Revenue was INR 22.93 million compared to INR 283.96 million a year ago. Net loss was INR 205.09 million compared to INR 519.67 million a year ago. Basic loss per share from continuing operations was INR 23.75 compared to INR 60.17 a year ago. Diluted loss per share from continuing operations was INR 23.75 compared to INR 60.17 a year ago.