Coromandel Engineering Company Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 260.94 million compared to INR 410.96 million a year ago. Revenue was INR 261.3 million compared to INR 410.96 million a year ago.

Net loss was INR 4.76 million compared to INR 10.24 million a year ago. Basic loss per share from continuing operations was INR 0.14 compared to INR 0.31 a year ago. Diluted loss per share from continuing operations was INR 0.14 compared to INR 0.31 a year ago.