The India Cements 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 14,857.3 million compared to INR 14,176.2 million a year ago. Revenue was INR 14,936.6 million compared to INR 14,248 million a year ago. Net loss was INR 2,269 million compared to INR 105.8 million a year ago. Basic loss per share from continuing operations was INR 7.4. Diluted loss per share from continuing operations was INR 7.4.
For the full year, sales was INR 56,081.4 million compared to INR 48,583.5 million a year ago. Revenue was INR 56,482.5 million compared to INR 48,827.4 million a year ago. Net loss was INR 1,268.9 million compared to net income of INR 784.6 million a year ago.