McNally Bharat Engineering Company 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 903.42 million compared to INR 1,085.32 million a year ago. Revenue was INR 927.11 million compared to INR 1,381.79 million a year ago. Net loss was INR 2,289.83 million compared to INR 987.78 million a year ago. Basic loss per share from continuing operations was INR 10.82 compared to INR 4.67 a year ago. Diluted loss per share from continuing operations was INR 10.82 compared to INR 4.67 a year ago.
For the full year, sales was INR 3,807.86 million compared to INR 4,242.67 million a year ago. Revenue was INR 4,246.03 million compared to INR 4,954.71 million a year ago. Net loss was INR 22,706.04 million compared to INR 1,125.46 million a year ago. Basic loss per share from continuing operations was INR 107.32 compared to INR 5.32 a year ago. Diluted loss per share from continuing operations was INR 107.32 compared to INR 5.32 a year ago.