Soma Textiles & Industries 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 10.3 million compared to INR 27.8 million a year ago. Revenue was INR 48.9 million compared to INR 3,480 million a year ago. Net income was INR 192.8 million compared to net loss of INR 24.3 million a year ago. Basic earnings per share from continuing operations was INR 5.85 compared to basic loss per share from continuing operations of INR 0.73 a year ago. Diluted earnings per share from continuing operations was INR 5.85 compared to diluted loss per share from continuing operations of INR 0.73 a year ago.
For the full year, sales was INR 57.3 million compared to INR 52 million a year ago. Revenue was INR 116.5 million compared to INR 166.2 million a year ago. Net income was INR 211 million compared to INR 1,654.6 million a year ago. Basic earnings per share from continuing operations was INR 6.4 compared to INR 50.09 a year ago. Diluted earnings per share from continuing operations was INR 6.4 compared to INR 50.09 a year ago.