Bimetal Bearings Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 544.98 million compared to INR 536.52 million a year ago. Revenue was INR 554.18 million compared to INR 553.95 million a year ago. Net income was INR 25.86 million compared to INR 29.46 million a year ago. Basic earnings per share from continuing operations was INR 6.76 compared to INR 7.7 a year ago. Diluted earnings per share from continuing operations was INR 6.76 compared to INR 7.7 a year ago.
For the full year, sales was INR 1,969.29 million compared to INR 1,584.64 million a year ago. Revenue was INR 2,008.09 million compared to INR 1,640.05 million a year ago. Net income was INR 44.78 million compared to INR 38.24 million a year ago. Basic earnings per share from continuing operations was INR 11.71 compared to INR 10 a year ago. Diluted earnings per share from continuing operations was INR 11.71 compared to INR 10 a year ago.