Meghmani Organics Limited Announces Results for the Fourth Quarter and Fiscal Year Ended March 31, 2024

Meghmani Organics Limited Announces Results for the Fourth Quarter and Fiscal Year Ended March 31, 2024
Meghmani Organics Limited Announces Results for the Fourth Quarter and Fiscal Year Ended March 31, 2024

Meghmani Organics Limited has reported its results for the fourth quarter and financial year ended March 31, 2024. For the fourth quarter, the company reported revenue of INR 4,100.34 million, up from INR 5,740.85 million INR a year ago. The turnover stood at INR 4,189.79 million, compared to INR 5,826.8 million in the previous year. Net loss stood at INR 179.63 million compared to net profit of INR 541.46 million in the previous year. Basic loss per share from continuing operations was INR 0.71, compared to basic earnings per share from continuing operations of INR 2.13 a year ago. Diluted loss per share from continuing operations was INR 0.71, compared to diluted earnings per share from continuing operations of INR 2.13 a year ago.
For the full year, the turnover stood at INR 15,662.83 million, compared to INR 25,526.24 million in the previous year. Revenue stood at INR 16,039.64 million compared to INR 26,486.58 million in the previous year. Net loss stood at INR 1,060.26 million compared to net profit of INR 2,377.08 million in the previous year. Basic loss per share from continuing operations was INR 4.17, compared to basic earnings per share from continuing operations of INR 9.35 a year ago. Diluted loss per share from continuing operations was INR 4.17 compared to diluted earnings per share from continuing operations of INR 9.35 a year ago.

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