Nahar Spinning Mills 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 8,154.23 million compared to INR 7,237.43 million a year ago. Revenue was INR 8,209.04 million compared to INR 7,330.27 million a year ago. Net loss was INR 3.73 million compared to net income of INR 97.93 million a year ago.
For the full year, sales was INR 30,500.15 million compared to INR 27,969.13 million a year ago. Revenue was INR 30,655.68 million compared to INR 28,412.26 million a year ago. Net loss was INR 510.84 million compared to net income of INR 1,107.93 million a year ago. Basic loss per share from continuing operations was INR 13.84 compared to basic earnings per share from continuing operations of INR 32.24 a year ago. Diluted loss per share from continuing operations was INR 13.84 compared to diluted earnings per share from continuing operations of INR 32.24 a year ago.