DRC Systems India 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 67.74 million compared to INR 46.45 million a year ago. Revenue was INR 107.71 million compared to INR 48.16 million a year ago. Net income was INR 11.86 million compared to INR 3.56 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to INR 0.09 a year ago.
For the full year, sales was INR 256.25 million compared to INR 195.01 million a year ago. Revenue was INR 298.53 million compared to INR 198.32 million a year ago. Net income was INR 66.94 million compared to INR 7.03 million a year ago. Basic earnings per share from continuing operations was INR 1.64 compared to INR 0.18 a year ago. Diluted earnings per share from continuing operations was INR 1.63 compared to INR 0.18 a year ago.