The State Trading Corporation of India Ltd. reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported negative sales was INR 80 million compared to sales of INR 21 million a year ago. Revenue was INR 207.27 million compared to INR 173.11 million a year ago. Net loss was INR 190.34 million compared to INR 13.37 million a year ago. Basic loss per share from continuing operations was INR 2.24. Diluted loss per share from continuing operations was INR 2.24.
For the full year, revenue was INR 854.68 million compared to INR 3,074.17 million a year ago. Net loss was INR 868.49 million compared to INR 504.46 million a year ago. Basic loss per share from continuing operations was INR 13.54 compared to INR 7.82 a year ago. Diluted loss per share from continuing operations was INR 13.54 compared to INR 7.82 a year ago.