Eimco Elecon (India) Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 642.37 million compared to INR 360.04 million a year ago. Revenue was INR 666.06 million compared to INR 355.87 million a year ago. Net income was INR 98.12 million compared to INR 37.87 million a year ago. Basic earnings per share from continuing operations was INR 17.01 compared to INR 6.56 a year ago. Diluted earnings per share from continuing operations was INR 17.01 compared to INR 6.56 a year ago.
For the full year, sales was INR 1,726.97 million compared to INR 844.44 million a year ago. Revenue was INR 1,817.55 million compared to INR 936.26 million a year ago. Net income was INR 195.25 million compared to INR 86.78 million a year ago. Basic earnings per share from continuing operations was INR 33.85 compared to INR 15.04 a year ago. Diluted earnings per share from continuing operations was INR 33.85 compared to INR 15.04 a year ago.