Indag Rubber 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 640.57 million compared to INR 442.33 million a year ago. Revenue was INR 665.84 million compared to INR 459.64 million a year ago. Net income was INR 66.31 million compared to INR 6.23 million a year ago. Basic earnings per share from continuing operations was INR 3.18 compared to INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 3.18 compared to INR 0.24 a year ago.

For the full year, the company reported sales was INR 2,438.55 million compared to INR 1,669.25 million a year ago. Revenue was INR 2,522.43 million compared to INR 1,733.35 million a year ago. Net income was INR 132.37 million compared to INR 25.92 million a year ago. Basic earnings per share from continuing operations was INR 5.04 compared to INR 0.99 a year ago. Diluted earnings per share from continuing operations was INR 5.04 compared to INR 0.99 a year ago.