Standard Industries 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 69.01 million compared to INR 51.19 million a year ago. Revenue was INR 154.15 million compared to INR 60.38 million a year ago. Net income was INR 99.89 million compared to net loss of INR 56.07 million a year ago. Basic earnings per share from continuing operations was INR 1.55 compared to basic loss per share from continuing operations of INR 0.87 a year ago. Diluted earnings per share from continuing operations was INR 1.55 compared to diluted loss per share from continuing operations of INR 0.87 a year ago.
For the full year, sales was INR 269.01 million compared to INR 212.34 million a year ago. Revenue was INR 385.43 million compared to INR 664.34 million a year ago. Net loss was INR 1.31 million compared to net income of INR 216.58 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to basic earnings per share from continuing operations of INR 3.37 a year ago. Diluted loss per share from continuing operations was INR 0.02 compared to diluted earnings per share from continuing operations of INR 3.37 a year ago.