Kirloskar Electric Company Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 1,051 million compared to INR 887.6 million a year ago. Revenue was INR 2,213.5 million compared to INR 935.9 million a year ago. Net income was INR 1,057.9 million compared to net loss of INR 70.6 million a year ago. Basic earnings per share from continuing operations was INR 15.93 compared to basic loss per share from continuing operations of INR 1.06 a year ago. Diluted earnings per share from continuing operations was INR 15.93 compared to diluted loss per share from continuing operations of INR 1.06 a year ago.
For the full year, sales was INR 3,346.7 million compared to INR 2,775.8 million a year ago. Revenue was INR 4,536.9 million compared to INR 2,852.8 million a year ago. Net income was INR 673.9 million compared to net loss of INR 481.1 million a year ago. Basic earnings per share from continuing operations was INR 10.15 compared to basic loss per share from continuing operations of INR 7.24 a year ago. Diluted earnings per share from continuing operations was INR 10.15 compared to diluted loss per share from continuing operations of INR 7.24 a year ago.