Polymechplast Machines 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 194.83 million compared to INR 265.76 million a year ago. Revenue was INR 196.49 million compared to INR 267.46 million a year ago. Net income was INR 2.19 million compared to INR 8.21 million a year ago. Basic earnings per share from continuing operations was INR 0.39 compared to INR 1.44 a year ago. Diluted earnings per share from continuing operations was INR 0.39 compared to INR 1.44 a year ago.
For the full year, sales was INR 692.21 million compared to INR 834.39 million a year ago. Revenue was INR 698.51 million compared to INR 839.32 million a year ago. Net income was INR 15.37 million compared to INR 34.46 million a year ago. Basic earnings per share from continuing operations was INR 2.74 compared to INR 6.58 a year ago. Diluted earnings per share from continuing operations was INR 2.74 compared to INR 6.58 a year ago.