HG Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 1.51 million compared to INR 8.4 million a year ago. Net loss was INR 0.833 million compared to net income of INR 3.41 million a year ago. Basic loss per share from continuing operations was INR 0.18 compared to basic earnings per share from continuing operations of INR 0.74 a year ago. Diluted loss per share from continuing operations was INR 0.18 compared to diluted earnings per share from continuing operations of INR 0.74 a year ago.
For the full year, revenue was INR 1.65 million compared to INR 13.95 million a year ago. Net loss was INR 7.5 million compared to net income of INR 0.265 million a year ago. Basic loss per share from continuing operations was INR 1.62 compared to basic earnings per share from continuing operations of INR 0.06 a year ago. Diluted loss per share from continuing operations was INR 1.62 compared to diluted earnings per share from continuing operations of INR 0.06 a year ago.