Precot Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 2,318.59 million compared to INR 2,743.81 million a year ago. Revenue was INR 2,417.04 million compared to INR 2,868.92 million a year ago.

Net loss was INR 89.04 million compared to net income of INR 242.46 million a year ago. Basic loss per share from continuing operations was INR 7.42 compared to basic earnings per share from continuing operations of INR 20.21 a year ago.