Gujarat Apollo 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 130 million compared to INR 182.76 million a year ago. Revenue was INR 174.52 million compared to INR 234.6 million a year ago. Net loss was INR 10.65 million compared to net income of INR 48.9 million a year ago. Basic loss per share from continuing operations was INR 1.54 compared to INR 0.56 a year ago. Diluted loss per share from continuing operations was INR 1.54 compared to INR 0.56 a year ago.
For the full year, sales was INR 570.69 million compared to INR 718.74 million a year ago. Revenue was INR 805.25 million compared to INR 964.01 million a year ago. Net income was INR 113.26 million compared to INR 124.72 million a year ago. Basic earnings per share from continuing operations was INR 9.38 compared to INR 9.6 a year ago. Diluted earnings per share from continuing operations was INR 9.38 compared to INR 9.6 a year ago.