Cravatex 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 506.8 million compared to INR 837.42 million a year ago. Revenue was INR 533.58 million compared to INR 898.73 million a year ago. Net income was INR 5.04 million compared to INR 38.37 million a year ago. Basic earnings per share from continuing operations was INR 1.95 compared to INR 14.85 a year ago. Diluted earnings per share from continuing operations was INR 1.95 compared to INR 14.85 a year ago.
For the full year, sales was INR 2,026.32 million compared to INR 5,036.59 million a year ago. Revenue was INR 2,187.32 million compared to INR 5,161.28 million a year ago. Net income was INR 48.28 million compared to INR 589.33 million a year ago. Basic earnings per share from continuing operations was INR 18.68 compared to INR 228.05 a year ago. Diluted earnings per share from continuing operations was INR 18.68 compared to INR 228.05 a year ago.