Investment & Precision Castings 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 391.19 million compared to INR 436.83 million a year ago. Revenue was INR 399.49 million compared to INR 445.4 million a year ago. Net income was INR 6.96 million compared to INR 28.93 million a year ago. Basic earnings per share from continuing operations was INR 1.4 compared to INR 5.8 a year ago. Diluted earnings per share from continuing operations was INR 1.4 compared to INR 5.8 a year ago.
For the full year, sales was INR 1,676.3 million compared to INR 1,674.6 million a year ago. Revenue was INR 1,720.75 million compared to INR 1,705.77 million a year ago. Net income was INR 77.91 million compared to INR 55.57 million a year ago. Basic earnings per share from continuing operations was INR 15.58 compared to INR 11.11 a year ago. Diluted earnings per share from continuing operations was INR 15.58 compared to INR 11.11 a year ago.