Rapicut Carbides 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 157.05 million compared to INR 124.43 million a year ago. Revenue was INR 157.06 million compared to INR 124.7 million a year ago. Net loss was INR 3.37 million compared to INR 1.14 million a year ago. Basic loss per share from continuing operations was INR 0.63 compared to INR 0.21 a year ago. Diluted loss per share from continuing operations was INR 0.63 compared to INR 0.21 a year ago.
For the full year, sales was INR 395.73 million compared to INR 361.36 million a year ago. Revenue was INR 395.78 million compared to INR 361.7 million a year ago. Net loss was INR 13.53 million compared to INR 10.56 million a year ago. Basic loss per share from continuing operations was INR 2.52 compared to INR 1.97 a year ago. Diluted loss per share from continuing operations was INR 2.52 compared to INR 1.97 a year ago.