Kanoria Chemicals & Industries 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 4,448.6 million compared to INR 3,777.6 million a year ago. Revenue was INR 4,447.8 million compared to INR 3,908.8 million a year ago. Net loss was INR 15.2 million compared to net income of INR 183.4 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to basic earnings per share from continuing operations of INR 4.2 a year ago.
For the full year, sales was INR 15,784.3 million compared to INR 13,691.2 million a year ago. Revenue was INR 15,887.6 million compared to INR 13,979.8 million a year ago. Net loss was INR 87.7 million compared to net income of INR 68.2 million a year ago. Basic loss per share from continuing operations was INR 2.01 compared to basic earnings per share from continuing operations of INR 1.56 a year ago.