Electrosteel Castings 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 18,723.74 million compared to INR 15,769.51 million a year ago. Revenue was INR 19,086.62 million compared to INR 15,855.25 million a year ago. Net income was INR 894.31 million compared to INR 1,129.28 million a year ago. Basic earnings per share from continuing operations was INR 1.5 compared to INR 1.9 a year ago. Diluted earnings per share from continuing operations was INR 1.5 compared to INR 1.9 a year ago.
For the full year, sales was INR 72,755.08 million compared to INR 52,809.52 million a year ago. Revenue was INR 73,604.28 million compared to INR 53,367.09 million a year ago. Net income was INR 3,158.02 million compared to INR 3,472.77 million a year ago. Basic earnings per share from continuing operations was INR 5.31 compared to INR 5.84 a year ago. Diluted earnings per share from continuing operations was INR 5.31 compared to INR 5.84 a year ago.