Krishanveer Forge 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 187.28 million compared to INR 232.33 million a year ago. Revenue was INR 190.21 million compared to INR 237.27 million a year ago. Net income was INR 16.09 million compared to INR 14.16 million a year ago. Basic earnings per share from continuing operations was INR 1.471 compared to INR 1.294 a year ago. Diluted earnings per share from continuing operations was INR 1.471 compared to INR 1.294 a year ago.
For the full year, sales was INR 809.09 million compared to INR 672.23 million a year ago. Revenue was INR 815.16 million compared to INR 681.3 million a year ago. Net income was INR 16.45 million compared to INR 37.56 million a year ago. Basic earnings per share from continuing operations was INR 1.503 compared to INR 3.434 a year ago. Diluted earnings per share from continuing operations was INR 1.503 compared to INR 3.434 a year ago.