Stovec Industries Limited reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was INR 572.34 million compared to INR 499.56 million a year ago. Revenue was INR 586.33 million compared to INR 511.7 million a year ago. Net income was INR 59.19 million compared to INR 46.41 million a year ago. Basic earnings per share from continuing operations was INR 28.35 compared to INR 22.23 a year ago. Diluted earnings per share from continuing operations was INR 28.35 compared to INR 22.23 a year ago.
For the full year, sales was INR 2,333.61 million compared to INR 1,510.23 million a year ago. Revenue was INR 2,389.81 million compared to INR 1,568.5 million a year ago. Net income was INR 296.41 million compared to INR 134.63 million a year ago. Basic earnings per share from continuing operations was INR 141.96 compared to INR 64.48 a year ago. Diluted earnings per share from continuing operations was INR 141.96 compared to INR 64.48 a year ago.