Max India 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 563.5 million compared to INR 500.6 million a year ago. Revenue was INR 601.7 million compared to INR 514.7 million a year ago. Net loss was INR 41.8 million compared to INR 10.8 million a year ago. Basic loss per share from continuing operations was INR 0.88 compared to INR 0.2 a year ago.
For the full year, sales was INR 2,010.3 million compared to INR 2,298.8 million a year ago. Revenue was INR 2,134.5 million compared to INR 2,374.4 million a year ago. Net loss was INR 104 million compared to INR 161.4 million a year ago. Basic loss per share from continuing operations was INR 2.18 compared to INR 3 a year ago.