Impex Ferro Tech 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 33.38 million compared to INR 1,097.9 million a year ago. Revenue was INR 43.9 million compared to INR 1,154.83 million a year ago. Net income was INR 91.13 million compared to net loss of INR 140.8 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to basic loss per share from continuing operations of INR 1.6 a year ago. Diluted earnings per share from continuing operations was INR 1.04 compared to diluted loss per share from continuing operations of INR 1.6 a year ago.
For the full year, sales was INR 1,433.82 million compared to INR 2,984.72 million a year ago. Revenue was INR 1,571.28 million compared to INR 3,044.2 million a year ago. Net loss was INR 335.98 million compared to INR 167.62 million a year ago. Basic loss per share from continuing operations was INR 3.82 compared to INR 1.91 a year ago. Diluted loss per share from continuing operations was INR 3.82 compared to INR 1.91 a year ago.