Lakshmi Electrical Control Systems 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 957.78 million compared to INR 805.32 million a year ago. Revenue was INR 966.36 million compared to INR 811.21 million a year ago. Net income was INR 40.54 million compared to INR 52.56 million a year ago. Basic earnings per share from continuing operations was INR 16.49 compared to INR 21.38 a year ago. Diluted earnings per share from continuing operations was INR 16.49 compared to INR 21.38 a year ago.
For the full year, sales was INR 3,608.18 million compared to INR 2,561.17 million a year ago. Revenue was INR 3,638.8 million compared to INR 2,591.13 million a year ago. Net income was INR 199.27 million compared to INR 154.87 million a year ago. Basic earnings per share from continuing operations was INR 81.07 compared to INR 63.01 a year ago. Diluted earnings per share from continuing operations was INR 81.07 compared to INR 63.01 a year ago.