Sal Automotive 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 377.5 million compared to INR 316.7 million a year ago. Revenue was INR 381.3 million compared to INR 319.2 million a year ago. Net loss was INR 13.2 million compared to net income of INR 5.9 million a year ago. Basic loss per share from continuing operations was INR 5.7 compared to basic earnings per share from continuing operations of INR 3.02 a year ago. Diluted loss per share from continuing operations was INR 5.7 compared to diluted earnings per share from continuing operations of INR 3.02 a year ago.
For the full year, sales was INR 1,505.8 million compared to INR 945.5 million a year ago. Revenue was INR 1,521.2 million compared to INR 959.5 million a year ago. Net loss was INR 23.3 million compared to net income of INR 8.4 million a year ago. Basic loss per share from continuing operations was INR 9.91 compared to basic earnings per share from continuing operations of INR 4.05 a year ago. Diluted loss per share from continuing operations was INR 9.91 compared to diluted earnings per share from continuing operations of INR 4.05 a year ago.