Modern Dairies Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 812.995 million compared to INR 1,948.889 million a year ago. Net loss was INR 397.957 million compared to net income of INR 1.325 million a year ago. Basic loss per share was INR 17.07 compared to basic earnings per share of INR 0.06 a year ago. For the full year, total revenue was INR 6,104.355 million compared to INR 7,660.338 million a year ago. Net loss was INR 347.347 million compared to net income of INR 34.879 million a year ago. Basic loss per share was INR 14.89 compared to basic earnings per share of INR 1.5 a year ago.