Gini Silk Mills 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 123.39 million compared to INR 99.87 million a year ago. Revenue was INR 127.36 million compared to INR 104.57 million a year ago. Net income was INR 10.81 million compared to INR 2.05 million a year ago. Basic earnings per share from continuing operations was INR 1.93.
For the full year, sales was INR 461.87 million compared to INR 308.94 million a year ago. Revenue was INR 478.8 million compared to INR 330.83 million a year ago. Net income was INR 15.31 million compared to INR 3.78 million a year ago. Basic earnings per share from continuing operations was INR 2.74 compared to INR 0.68 a year ago.