SNL Bearings 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 113.3 million compared to INR 106.9 million a year ago. Revenue was INR 116.7 million compared to INR 109.6 million a year ago. Net income was INR 15.3 million compared to INR 18.8 million a year ago. Basic earnings per share from continuing operations was INR 4.24 compared to INR 5.21 a year ago.
For the full year, sales was INR 478.7 million compared to INR 435.1 million a year ago. Revenue was INR 490.4 million compared to INR 446.1 million a year ago. Net income was INR 81.8 million compared to INR 88.3 million a year ago. Basic earnings per share from continuing operations was INR 22.66 compared to INR 24.46 a year ago.