JK Tyre & Industries 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 36,324.7 million compared to INR 33,118.3 million a year ago. Revenue was INR 36,449.2 million compared to INR 33,195.6 million a year ago. Net income was INR 1,083.8 million compared to INR 402 million a year ago. Basic earnings per share from continuing operations was INR 4.37 compared to INR 1.63 a year ago.
For the full year, sales was INR 146,449.4 million compared to INR 119,829.6 million a year ago. Revenue was INR 146,814.6 million compared to INR 120,195.2 million a year ago. Net income was INR 2,624.8 million compared to INR 2,100.2 million a year ago. Basic earnings per share from continuing operations was INR 10.64 compared to INR 8.53 a year ago.