The Grob Tea 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 128.76 million compared to INR 91.16 million a year ago. Revenue was INR 144.55 million compared to INR 99.3 million a year ago. Net loss was INR 182.14 million compared to INR 138.01 million a year ago. Basic loss per share from continuing operations was INR 156.7 compared to INR 118.74 a year ago. Diluted loss per share from continuing operations was INR 156.7 compared to INR 118.74 a year ago.
For the full year, sales was INR 1,022.61 million compared to INR 929.87 million a year ago. Revenue was INR 1,056.78 million compared to INR 951.26 million a year ago. Net income was INR 6.04 million compared to INR 41.52 million a year ago. Basic earnings per share from continuing operations was INR 5.2 compared to INR 35.72 a year ago. Diluted earnings per share from continuing operations was INR 5.2 compared to INR 35.72 a year ago.