K.C.P. Sugar and Industries Corporation 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 590.57 million compared to INR 654.3 million a year ago. Revenue was INR 527.83 million compared to INR 597.59 million a year ago. Net loss was INR 84.68 million compared to INR 51.08 million a year ago. Basic loss per share from continuing operations was INR 0.75 compared to INR 0.46 a year ago. Basic loss per share was INR 0.75 compared to INR 0.51 a year ago.
For the full year, sales was INR 2,892.56 million compared to INR 3,193.96 million a year ago. Revenue was INR 3,570.42 million compared to INR 3,354.35 million a year ago. Net income was INR 571.54 million compared to INR 35.77 million a year ago. Basic earnings per share from continuing operations was INR 5.04 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 5.04 compared to INR 0.32 a year ago.