Rajapalayam Mills Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 2,236.1 million compared to INR 2,210.6 million a year ago. Net income was INR 287.4 million compared to INR 145.5 million a year ago. Basic earnings per share from continuing operations was INR 32 compared to INR 17 a year ago. Diluted earnings per share from continuing operations was INR 32 compared to INR 17 a year ago.
For the full year, revenue was INR 8,716.9 million compared to INR 7,052.6 million a year ago. Net income was INR 818.8 million compared to INR 1,665.8 million a year ago. Basic earnings per share from continuing operations was INR 94 compared to INR 194 a year ago. Diluted earnings per share from continuing operations was INR 94 compared to INR 194 a year ago.