SVP Global Textiles 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 774.33 million compared to INR 5,275.48 million a year ago. Net loss was INR 1,712.69 million compared to INR 499.81 million a year ago. Basic loss per share from continuing operations was INR 13.35 compared to INR 3.91 a year ago.
For the full year, sales was INR 9,176.89 million compared to INR 17,204.96 million a year ago. Net loss was INR 2,343.21 million compared to net income of INR 712.9 million a year ago. Basic loss per share from continuing operations was INR 18.34 compared to basic earnings per share from continuing operations of INR 5.67 a year ago.