Sreechem Resins 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 178.56 million compared to INR 74.49 million a year ago. Revenue was INR 178.76 million compared to INR 74.76 million a year ago. Net income was INR 8.28 million compared to net loss of INR 15.95 million a year ago. Basic earnings per share from continuing operations was INR 2.12 compared to basic loss per share from continuing operations of INR 4 a year ago. Diluted earnings per share from continuing operations was INR 2.12 compared to diluted loss per share from continuing operations of INR 4 a year ago. Basic earnings per share was INR 2.12 compared to basic loss per share of INR 4 a year ago. Diluted earnings per share was INR 2.12 compared to diluted loss per share of INR 4 a year ago.
For the full year, sales was INR 529.73 million compared to INR 765.34 million a year ago. Net income was INR 23.42 million compared to INR 8.21 million a year ago. Basic earnings per share from continuing operations was INR 5.9 compared to INR 2.04 a year ago. Diluted earnings per share from continuing operations was INR 5.9 compared to INR 2.04 a year ago.