Zenith Steel Pipes & Industries Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 305.46 million compared to INR 554.6 million a year ago. Revenue was INR 307.36 million compared to INR 563.49 million a year ago.

Net income was INR 2.56 million compared to INR 146.89 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 1.03 a year ago. Basic earnings per share was INR 0.02 compared to INR 1.03 a year ago.