Aksh Optifibre Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 502.88 million compared to INR 795.4 million a year ago. Revenue was INR 507.85 million compared to INR 801.44 million a year ago. Net loss was INR 603.66 million compared to INR 134.38 million a year ago. Basic loss per share from continuing operations was INR 3.71 compared to INR 0.83 a year ago. Diluted loss per share from continuing operations was INR 3.71 compared to INR 0.83 a year ago.
For the full year, sales was INR 2,202.82 million compared to INR 2,863.42 million a year ago. Revenue was INR 2,220.08 million compared to INR 2,891.32 million a year ago. Net loss was INR 713.05 million compared to INR 135.77 million a year ago. Basic loss per share from continuing operations was INR 4.38 compared to INR 0.83 a year ago. Diluted loss per share from continuing operations was INR 4.38 compared to INR 0.83 a year ago.