Simbhaoli Sugars 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 3,710.71 million compared to INR 3,876.39 million a year ago. Revenue was INR 4,204.71 million compared to INR 4,320.55 million a year ago. Net income was INR 237.17 million compared to net loss of INR 103.16 million a year ago. Basic earnings per share from continuing operations was INR 5.75 compared to basic loss per share from continuing operations of INR 1.07 a year ago.
For the full year, sales was INR 12,327.34 million compared to INR 11,854.41 million a year ago. Revenue was INR 14,174.32 million compared to INR 14,263.13 million a year ago. Net loss was INR 308.69 million compared to INR 398.51 million a year ago. Basic loss per share from continuing operations was INR 7.47 compared to INR 11.22 a year ago.