Solar Industries India 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 16,107.1 million compared to INR 19,285.4 million a year ago. Revenue was INR 16,283.6 million compared to INR 19,388.8 million a year ago. Net income was INR 2,350.5 million compared to INR 2,061 million a year ago. Basic earnings per share from continuing operations was INR 25.98 compared to INR 22.78 a year ago. Diluted earnings per share from continuing operations was INR 25.98 compared to INR 22.78 a year ago.
For the full year, sales was INR 60,695.2 million compared to INR 69,225.3 million a year ago. Revenue was INR 61,139.9 million compared to INR 69,540.5 million a year ago. Net income was INR 8,359.3 million compared to INR 7,571.9 million a year ago. Basic earnings per share from continuing operations was INR 92.38 compared to INR 83.68 a year ago. Diluted earnings per share from continuing operations was INR 92.38 compared to INR 83.68 a year ago.