JSW Ispat Special Products 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 16,306.8 million compared to INR 16,782.1 million a year ago. Revenue was INR 16,636.4 million compared to INR 16,968 million a year ago. Net income was INR 5.8 million compared to INR 32.9 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.03 a year ago.
For the full year, sales was INR 51,330.6 million compared to INR 60,115.4 million a year ago. Revenue was INR 52,136 million compared to INR 60,843.2 million a year ago. Net loss was INR 3,977.6 million compared to net income of INR 14.9 million a year ago. Basic loss per share from continuing operations was INR 8.47 compared to basic earnings per share from continuing operations of INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 8.47 compared to diluted earnings per share from continuing operations of INR 0.01 a year ago.