Kothari Fermentation and Biochem Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 322.99 million compared to INR 268.49 million a year ago. Revenue was INR 324.28 million compared to INR 269.4 million a year ago.

Net income was INR 39.92 million compared to net loss of INR 8.44 million a year ago. Basic earnings per share from continuing operations was INR 2.66 compared to basic loss per share from continuing operations of INR 0.56 a year ago. Diluted earnings per share from continuing operations was INR 2.66 compared to diluted loss per share from continuing operations of INR 0.56 a year ago.