Aries Agro 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 1,273.89 million compared to INR 1,077.42 million a year ago. Revenue was INR 926.44 million compared to INR 844.71 million a year ago. Net loss was INR 93.77 million compared to INR 70.84 million a year ago. Basic loss per share from continuing operations was INR 7.21 compared to INR 5.45 a year ago. Diluted loss per share from continuing operations was INR 7.21 compared to INR 5.45 a year ago.
For the full year, sales was INR 6,123.4 million compared to INR 5,480.88 million a year ago. Revenue was INR 4,810.75 million compared to INR 4,362.79 million a year ago. Net income was INR 171.29 million compared to INR 132.9 million a year ago. Basic earnings per share from continuing operations was INR 13.17 compared to INR 10.22 a year ago. Diluted earnings per share from continuing operations was INR 13.17 compared to INR 10.22 a year ago.