Pearl Polymers 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 48.63 million compared to INR 45.08 million a year ago. Revenue was INR 54.84 million compared to INR 58.47 million a year ago. Net loss was INR 30.55 million compared to INR 67.42 million a year ago. Basic loss per share from continuing operations was INR 1.82 compared to INR 4.01 a year ago. Diluted loss per share from continuing operations was INR 1.82 compared to INR 4.01 a year ago.
For the full year, sales was INR 171.24 million compared to INR 139.92 million a year ago. Revenue was INR 194.94 million compared to INR 1,047.72 million a year ago. Net loss was INR 81.73 million compared to net income of INR 218.44 million a year ago. Basic loss per share from continuing operations was INR 4.86 compared to basic earnings per share from continuing operations of INR 12.98 a year ago. Diluted loss per share from continuing operations was INR 4.86 compared to diluted earnings per share from continuing operations of INR 12.98 a year ago.