Jayaswal Neco Industries 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 14,692.9 million compared to INR 15,919.7 million a year ago. Revenue was INR 14,720.5 million compared to INR 15,922.2 million a year ago. Net income was INR 52 million compared to INR 21,529.6 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 22.17 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 22.17 a year ago.
For the full year, sales was INR 63,428.6 million compared to INR 59,585.5 million a year ago. Revenue was INR 63,649.3 million compared to INR 59,648.3 million a year ago. Net income was INR 2,268.7 million compared to INR 22,472.8 million a year ago. Basic earnings per share from continuing operations was INR 2.34 compared to INR 28.4 a year ago. Diluted earnings per share from continuing operations was INR 2.34 compared to INR 23.57 a year ago.