Shubham Polyspin 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 107.72 million compared to INR 127.49 million a year ago. Revenue was INR 110.53 million compared to INR 132.48 million a year ago. Net income was INR 1.04 million compared to net loss of INR 1.57 million a year ago. Basic earnings per share from continuing operations was INR 0.09 compared to basic loss per share from continuing operations of INR 0.1273 a year ago. Diluted earnings per share from continuing operations was INR 0.09 compared to diluted loss per share from continuing operations of INR 0.1273 a year ago.
For the full year, sales was INR 446.09 million compared to INR 529.13 million a year ago. Revenue was INR 469.27 million compared to INR 550.47 million a year ago. Net income was INR 8.34 million compared to INR 6.75 million a year ago. Basic earnings per share from continuing operations was INR 0.69 compared to INR 0.5545 a year ago. Diluted earnings per share from continuing operations was INR 0.69 compared to INR 0.5545 a year ago.