International Combustion (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 647.14 million compared to INR 521.77 million a year ago. Revenue was INR 650.23 million compared to INR 523.55 million a year ago. Net income was INR 34.83 million compared to INR 13.18 million a year ago. Basic earnings per share from continuing operations was INR 14.57 compared to INR 5.51 a year ago. Diluted earnings per share from continuing operations was INR 14.57 compared to INR 5.51 a year ago.
For the full year, sales was INR 2,225.56 million compared to INR 1,688.95 million a year ago. Revenue was INR 2,235.39 million compared to INR 1,698.76 million a year ago. Net income was INR 83.09 million compared to INR 41.52 million a year ago. Basic earnings per share from continuing operations was INR 34.76 compared to INR 17.37 a year ago. Diluted earnings per share from continuing operations was INR 34.76 compared to INR 17.37 a year ago.