Valecha Engineering 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 194.2 million compared to INR 191 million a year ago. Revenue was INR 204.7 million compared to INR 207.3 million a year ago. Net loss was INR 300.7 million compared to INR 1,827.4 million a year ago. Basic loss per share from continuing operations was INR 22.31 compared to INR 152.9 a year ago. Diluted loss per share from continuing operations was INR 22.31 compared to INR 152.9 a year ago.
For the full year, sales was INR 705.6 million compared to INR 1,136.9 million a year ago. Revenue was INR 721.9 million compared to INR 1,173.1 million a year ago. Net loss was INR 1,202.2 million compared to INR 2,685.1 million a year ago. Basic loss per share from continuing operations was INR 87.75 compared to INR 215.26 a year ago. Diluted loss per share from continuing operations was INR 87.75 compared to INR 215.26 a year ago.