Inani Marbles and Industries 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 115.93 million compared to INR 249.64 million a year ago. Revenue was INR 121.72 million compared to INR 261.19 million a year ago. Net loss was INR 7.12 million compared to net income of INR 8.32 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to basic earnings per share from continuing operations of INR 0.45 a year ago.
For the full year, sales was INR 718.4 million compared to INR 815.52 million a year ago. Revenue was INR 738.07 million compared to INR 841.3 million a year ago. Net income was INR 5.64 million compared to INR 32.53 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to INR 1.75 a year ago.