Rajasthan Cylinders and Containers 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 3.57 million compared to INR 31.67 million a year ago. Revenue was INR 7.74 million compared to INR 116.84 million a year ago. Net loss was INR 14.74 million compared to net income of INR 60.62 million a year ago. Basic loss per share from continuing operations was INR 4.38 compared to basic earnings per share from continuing operations of INR 18.03 a year ago. Diluted loss per share from continuing operations was INR 4.38 compared to diluted earnings per share from continuing operations of INR 18.03 a year ago.
For the full year, sales was INR 93.15 million compared to INR 114 million a year ago. Revenue was INR 140.17 million compared to INR 224 million a year ago. Net income was INR 3.09 million compared to INR 40.01 million a year ago. Basic earnings per share from continuing operations was INR 0.92 compared to INR 11.9 a year ago. Diluted earnings per share from continuing operations was INR 0.92 compared to INR 11.9 a year ago.