V.I.P. 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 5,163.2 million compared to INR 4,505.7 million a year ago. Revenue was INR 5,202 million compared to INR 4,551.1 million a year ago. Net loss was INR 238.8 million compared to INR 42.6 million a year ago. Basic loss per share from continuing operations was INR 1.68 compared to INR 0.3 a year ago. Diluted loss per share from continuing operations was INR 1.68 compared to INR 0.3 a year ago.
For the full year, sales was INR 22,449.6 million compared to INR 20,823.2 million a year ago. Revenue was INR 22,567.1 million compared to INR 20,994 million a year ago. Net income was INR 543 million compared to INR 1,523.4 million a year ago. Basic earnings per share from continuing operations was INR 3.84 compared to INR 10.76 a year ago. Diluted earnings per share from continuing operations was INR 3.82 compared to INR 10.72 a year ago.