Parag Milk Foods Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 5,622.74 million compared to INR 4,343.46 million a year ago. Revenue was INR 5,727.54 million compared to INR 4,411.66 million a year ago. Net loss was INR 5,917.87 million compared to INR 96.42 million a year ago. Basic loss per share from continuing operations was INR 62.16 compared to INR 1.15 a year ago.
For the full year, sales was INR 20,717.54 million compared to INR 18,417.63 million a year ago. Revenue was INR 20,927.94 million compared to INR 18,552.72 million a year ago. Net loss was INR 5,324.95 million compared to net income of INR 207.05 million a year ago. Basic loss per share from continuing operations was INR 56.91 compared to basic earnings per share from continuing operations of INR 2.47 a year ago.