Sturdy Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 5.8 million compared to INR 15.3 million a year ago. Revenue was INR 6.2 million compared to INR 14.9 million a year ago. Net income was INR 8.1 million compared to INR 17.5 million a year ago.
For the full year, sales was INR 33.9 million compared to INR 120.9 million a year ago. Revenue was INR 36 million compared to INR 204.2 million a year ago. Net loss was INR 42.3 million compared to net income of INR 35.8 million a year ago. Basic loss per share from continuing operations was INR 0.37. Diluted loss per share from continuing operations was INR 0.37.