VISA Steel 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 1,072.76 million compared to INR 3,104.46 million a year ago. Revenue was INR 1,081.71 million compared to INR 3,104.83 million a year ago. Net loss was INR 203.31 million compared to INR 93.53 million a year ago. Basic loss per share from continuing operations was INR 1.76 compared to INR 0.81 a year ago. Diluted loss per share from continuing operations was INR 1.76 compared to INR 0.81 a year ago.
For the full year, sales was INR 6,574.84 million compared to INR 11,184.56 million a year ago. Revenue was INR 6,591.99 million compared to INR 11,197.03 million a year ago. Net income was INR 16,602.8 million compared to net loss of INR 872.23 million a year ago. Basic earnings per share from continuing operations was INR 143.39 compared to basic loss per share from continuing operations of INR 7.53 a year ago. Diluted earnings per share from continuing operations was INR 143.39 compared to diluted loss per share from continuing operations of INR 7.53 a year ago.