Shiva 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 375.26 million compared to INR 643.16 million a year ago. Revenue was INR 383.16 million compared to INR 645.63 million a year ago. Net loss was INR 18.96 million compared to net income of INR 50.55 million a year ago. Basic loss per share from continuing operations was INR 2.19 compared to basic earnings per share from continuing operations of INR 5.85 a year ago. Diluted loss per share from continuing operations was INR 2.19 compared to diluted earnings per share from continuing operations of INR 5.85 a year ago.
For the full year, sales was INR 1,590.64 million compared to INR 2,129.4 million a year ago. Revenue was INR 1,603.79 million compared to INR 2,136.21 million a year ago. Net loss was INR 71.58 million compared to net income of INR 176.59 million a year ago. Basic loss per share from continuing operations was INR 8.28 compared to basic earnings per share from continuing operations of INR 20.43 a year ago. Diluted loss per share from continuing operations was INR 8.28 compared to diluted earnings per share from continuing operations of INR 20.43 a year ago.