Lakshmi Machine Works 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 9,706.5 million compared to INR 13,030.4 million a year ago. Revenue was INR 10,108.5 million compared to INR 13,509.1 million a year ago. Net income was INR 659.8 million compared to INR 941.1 million a year ago. Basic earnings per share from continuing operations was INR 61.76 compared to INR 88.09 a year ago. Diluted earnings per share from continuing operations was INR 61.76 compared to INR 88.09 a year ago.
For the full year, sales was INR 46,958.6 million compared to INR 47,191.5 million a year ago. Revenue was INR 48,393.8 million compared to INR 48,669.8 million a year ago. Net income was INR 3,736.6 million compared to INR 3,840.2 million a year ago. Basic earnings per share from continuing operations was INR 349.77 compared to INR 359.47 a year ago. Diluted earnings per share from continuing operations was INR 349.77 compared to INR 359.47 a year ago.