Madras Fertilizers 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 7,681.3 million compared to INR 7,769.7 million a year ago. Revenue was INR 7,746.3 million compared to INR 8,031 million a year ago. Net income was INR 473.2 million compared to INR 953.7 million a year ago. Basic earnings per share from continuing operations was INR 2.94 compared to INR 5.92 a year ago. Diluted earnings per share from continuing operations was INR 2.94 compared to INR 5.92 a year ago.
For the full year, sales was INR 34,470.9 million compared to INR 23,021.6 million a year ago. Revenue was INR 34,614 million compared to INR 23,334.9 million a year ago. Net income was INR 1,853.3 million compared to INR 1,623.8 million a year ago. Basic earnings per share from continuing operations was INR 11.5 compared to INR 10.08 a year ago. Diluted earnings per share from continuing operations was INR 11.5 compared to INR 10.08 a year ago.