Welspun Specialty Solutions 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 1,378 million compared to INR 844.4 million a year ago. Revenue was INR 1,407.9 million compared to INR 1,020.9 million a year ago. Net income was INR 80.6 million compared to INR 19.7 million a year ago. Basic earnings per share from continuing operations was INR 0.15 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.15 compared to INR 0.04 a year ago.
For the full year, sales was INR 4,178.3 million compared to INR 1,632.9 million a year ago. Revenue was INR 4,325.9 million compared to INR 1,824.1 million a year ago. Net loss was INR 137.4 million compared to INR 324.4 million a year ago. Basic loss per share from continuing operations was INR 0.26 compared to INR 0.61 a year ago. Diluted loss per share from continuing operations was INR 0.26 compared to INR 0.61 a year ago.