Eastern Silk Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 32.42 million compared to INR 46.18 million a year ago. Revenue was INR 34.22 million compared to INR 52.06 million a year ago. Net loss was INR 18.66 million compared to INR 73.47 million a year ago. Basic loss per share from continuing operations was INR 0.24 compared to INR 0.93 a year ago. Diluted loss per share from continuing operations was INR 0.24 compared to INR 0.93 a year ago.
For the full year, sales was INR 189.2 million compared to INR 380.13 million a year ago. Revenue was INR 203.36 million compared to INR 394.65 million a year ago. Net loss was INR 123.04 million compared to INR 144.34 million a year ago. Basic loss per share from continuing operations was INR 1.56 compared to INR 1.83 a year ago. Diluted loss per share from continuing operations was INR 1.56 compared to INR 1.83 a year ago.