The Swadeshi Industrial Works PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 1,175.98 million compared to LKR 1,231.02 million a year ago. Net income was LKR 17.71 million compared to LKR 8.1 million a year ago. Basic earnings per share from continuing operations was LKR 118.61 compared to LKR 54.25 a year ago.
For the full year, sales was LKR 4,746.2 million compared to LKR 4,819.24 million a year ago. Net income was LKR 170.4 million compared to LKR 266.05 million a year ago. Basic earnings per share from continuing operations was LKR 1,141.09 compared to LKR 1,781.58 a year ago.