Sarla Performance Fibers 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 697.82 million compared to INR 1,207.86 million a year ago. Revenue was INR 715.31 million compared to INR 1,218.89 million a year ago. Net income was INR 1.34 million compared to INR 74.66 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.89 a year ago.
For the full year, sales was INR 3,874 million compared to INR 4,308.77 million a year ago. Revenue was INR 3,972.75 million compared to INR 4,431.91 million a year ago. Net income was INR 213.39 million compared to INR 462.75 million a year ago. Basic earnings per share from continuing operations was INR 2.56 compared to INR 5.54 a year ago.