Balu Forge Industries Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,237.81 million compared to INR 822.91 million a year ago. Revenue was INR 1,243.29 million compared to INR 874.92 million a year ago.

Net income was INR 152.38 million compared to INR 106.37 million a year ago. Basic earnings per share from continuing operations was INR 1.83 compared to INR 1.43 a year ago. Diluted earnings per share from continuing operations was INR 1.83 compared to INR 1.29 a year ago.