Suratwwala Business Group 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 102.3 million compared to INR 3.68 million a year ago. Revenue was INR 102.23 million compared to INR 4.1 million a year ago. Net loss was INR 43.65 million compared to INR 38.51 million a year ago. Basic loss per share from continuing operations was INR 0.25 compared to INR 0.222 a year ago. Diluted loss per share from continuing operations was INR 0.25 compared to INR 0.222 a year ago.
For the full year, sales was INR 617.99 million compared to INR 7.94 million a year ago. Revenue was INR 619.82 million compared to INR 18.24 million a year ago. Net income was INR 211.4 million compared to net loss of INR 107.61 million a year ago. Basic earnings per share from continuing operations was INR 1.221 compared to basic loss per share from continuing operations of INR 0.62 a year ago. Diluted earnings per share from continuing operations was INR 1.221 compared to diluted loss per share from continuing operations of INR 0.62 a year ago.