Prakash Woollen & Synthetic 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 151.14 million compared to INR 215.1 million a year ago. Revenue was INR 151.15 million compared to INR 215.16 million a year ago. Net income was INR 2.18 million compared to net loss of INR 2.58 million a year ago. Basic earnings per share from continuing operations was INR 0.21 compared to basic loss per share from continuing operations of INR 0.25 a year ago. Diluted earnings per share from continuing operations was INR 0.21 compared to diluted loss per share from continuing operations of INR 0.25 a year ago.
For the full year, sales was INR 1,036.84 million compared to INR 985.22 million a year ago. Revenue was INR 1,037.2 million compared to INR 986.61 million a year ago. Net loss was INR 50.39 million compared to INR 0.556 million a year ago. Basic loss per share from continuing operations was INR 4.91 compared to INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 4.91 compared to INR 0.05 a year ago.