Axel Polymers 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 271.79 million compared to INR 241.82 million a year ago. Revenue was INR 273.01 million compared to INR 245.94 million a year ago. Net income was INR 4.06 million compared to INR 2.5 million a year ago. Basic earnings per share from continuing operations was INR 0.48 compared to INR 0.29 a year ago.
For the full year, sales was INR 851.85 million compared to INR 729.15 million a year ago. Revenue was INR 854.62 million compared to INR 734.67 million a year ago. Net income was INR 11.84 million compared to INR 9.16 million a year ago. Basic earnings per share from continuing operations was INR 1.39 compared to INR 1.08 a year ago.