Manali Petrochemicals 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 3,335.2 million compared to INR 4,138.5 million a year ago. Revenue was INR 3,387.7 million compared to INR 4,209.3 million a year ago. Net loss was INR 4.5 million compared to net income of INR 739.3 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to basic earnings per share from continuing operations of INR 4.3 a year ago.
For the full year, sales was INR 11,813 million compared to INR 16,719.4 million a year ago. Revenue was INR 12,051.5 million compared to INR 16,898.2 million a year ago. Net income was INR 506.7 million compared to INR 3,811 million a year ago. Basic earnings per share from continuing operations was INR 2.95 compared to INR 22.16 a year ago.