Excel Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 4,670.76 million compared to INR 4,521.8 million a year ago. Revenue was INR 4,769.92 million compared to INR 4,573.58 million a year ago. Net income was INR 133.48 million compared to INR 43.26 million a year ago. Basic earnings per share from continuing operations was INR 10.62 compared to INR 3.44 a year ago. Diluted earnings per share from continuing operations was INR 10.62 compared to INR 3.44 a year ago.

For the full year, the company reported sales was INR 8,261.4 million compared to INR 10,898.19 million a year ago. Revenue was INR 8,591.42 million compared to INR 11,026.85 million a year ago. Net income was INR 170.1 million compared to INR 799.36 million a year ago. Basic earnings per share from continuing operations was INR 13.53 compared to INR 63.59 a year ago. Diluted earnings per share from continuing operations was INR 13.53 compared to INR 63.59 a year ago.