NRB Industrial Bearings Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 199.81 million compared to INR 194.88 million a year ago. Revenue was INR 205.25 million compared to INR 196.31 million a year ago. Net loss was INR 14.57 million compared to INR 17.94 million a year ago. Basic loss per share from continuing operations was INR 0.6 compared to INR 0.74 a year ago.
For the full year, sales was INR 694.43 million compared to INR 564.09 million a year ago. Revenue was INR 707.27 million compared to INR 577.55 million a year ago. Net loss was INR 100.96 million compared to net income of INR 39.76 million a year ago. Basic loss per share from continuing operations was INR 4.17 compared to basic earnings per share from continuing operations of INR 1.64 a year ago.