Salem Erode Investments 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 9.37 million compared to INR 9.19 million a year ago. Revenue was INR 9.55 million compared to INR 9.31 million a year ago. Net loss was INR 15.28 million compared to INR 0.96 million a year ago. Basic loss per share from continuing operations was INR 1.33 compared to INR 0.08 a year ago. Diluted loss per share from continuing operations was INR 1.33 compared to INR 0.08 a year ago.
For the full year, sales was INR 40.92 million compared to INR 40.04 million a year ago. Revenue was INR 41.4 million compared to INR 40.3 million a year ago. Net loss was INR 18.23 million compared to INR 0.967 million a year ago. Basic loss per share from continuing operations was INR 1.59 compared to INR 0.08 a year ago. Diluted loss per share from continuing operations was INR 1.59 compared to INR 0.08 a year ago.