Konark Synthetic Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 60.03 million compared to INR 141.52 million a year ago. Revenue was INR 63.79 million compared to INR 160.04 million a year ago.

Net loss was INR 91.7 million compared to net income of INR 1.19 million a year ago. Basic loss per share from continuing operations was INR 15.79 compared to basic earnings per share from continuing operations of INR 0.2 a year ago. Diluted loss per share from continuing operations was INR 15.79 compared to diluted earnings per share from continuing operations of INR 0.2 a year ago.