V.I.P. Industries Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 4,505.7 million compared to INR 3,559 million a year ago. Revenue was INR 4,551.1 million compared to INR 3,617.3 million a year ago.

Net loss was INR 42.6 million compared to net income of INR 123.9 million a year ago. Basic loss per share from continuing operations was INR 0.3 compared to basic earnings per share from continuing operations of INR 0.87 a year ago. Diluted loss per share from continuing operations was INR 0.3 compared to diluted earnings per share from continuing operations of INR 0.87 a year ago.