Terai Tea Company 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 39.02 million compared to INR 304.37 million a year ago. Revenue was INR 78.39 million compared to INR 317.96 million a year ago. Net loss was INR 15.18 million compared to INR 21.71 million a year ago. Basic loss per share from continuing operations was INR 2.2 compared to INR 3.14 a year ago. Diluted loss per share from continuing operations was INR 2.2 compared to INR 3.14 a year ago.
For the full year, sales was INR 931.56 million compared to INR 731.84 million a year ago. Revenue was INR 978.85 million compared to INR 885.05 million a year ago. Net income was INR 17.9 million compared to INR 108.81 million a year ago. Basic earnings per share from continuing operations was INR 2.59 compared to INR 15.76 a year ago. Diluted earnings per share from continuing operations was INR 2.59 compared to INR 15.76 a year ago.