Garware Synthetics 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 26.14 million compared to INR 27.46 million a year ago. Revenue was INR 26.22 million compared to INR 30.65 million a year ago. Net income was INR 1.43 million compared to INR 6.27 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to INR 1.08 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to INR 1.08 a year ago.
For the full year, sales was INR 107 million compared to INR 114.01 million a year ago. Revenue was INR 107.19 million compared to INR 117.74 million a year ago. Net loss was INR 0.477 million compared to net income of INR 5.78 million a year ago. Basic loss per share from continuing operations was INR 0.08. Diluted loss per share from continuing operations was INR 0.08.