Malu Paper Mills 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 580.68 million compared to INR 772.84 million a year ago. Revenue was INR 583.67 million compared to INR 777.53 million a year ago. Net loss was INR 10.75 million compared to net income of INR 8.29 million a year ago. Basic loss per share from continuing operations was INR 0.57 compared to basic earnings per share from continuing operations of INR 0.54 a year ago. Diluted loss per share from continuing operations was INR 0.57 compared to diluted earnings per share from continuing operations of INR 0.54 a year ago.
For the full year, sales was INR 2,338.89 million compared to INR 2,119.12 million a year ago. Revenue was INR 2,345.47 million compared to INR 2,129.92 million a year ago. Net loss was INR 104.54 million compared to INR 62.62 million a year ago. Basic loss per share from continuing operations was INR 6.07 compared to INR 3.61 a year ago. Diluted loss per share from continuing operations was INR 6.07 compared to INR 3.61 a year ago.