Axtel Industries 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 673.3 million compared to INR 552.95 million a year ago. Revenue was INR 695.96 million compared to INR 556 million a year ago. Net income was INR 110.87 million compared to INR 68.11 million a year ago. Basic earnings per share from continuing operations was INR 6.86 compared to INR 4.22 a year ago. Diluted earnings per share from continuing operations was INR 6.86 compared to INR 4.22 a year ago.
For the full year, sales was INR 1,801.46 million compared to INR 1,439.86 million a year ago. Revenue was INR 1,838.21 million compared to INR 1,471.24 million a year ago. Net income was INR 173.03 million compared to INR 138.33 million a year ago. Basic earnings per share from continuing operations was INR 10.71 compared to INR 8.56 a year ago. Diluted earnings per share from continuing operations was INR 10.71 compared to INR 8.56 a year ago.