Lakshmi Machine Works 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 13,030.4 million compared to INR 9,984.96 million a year ago. Revenue was INR 13,509.08 million compared to INR 10,134.08 million a year ago. Net income was INR 940.96 million compared to INR 827.28 million a year ago. Basic earnings per share from continuing operations was INR 88.08 compared to INR 77.44 a year ago. Diluted earnings per share from continuing operations was INR 88.08 compared to INR 77.44 a year ago.
For the full year, sales was INR 47,191.49 million compared to INR 31,709.54 million a year ago. Revenue was INR 48,669.7 million compared to INR 32,392.92 million a year ago. Net income was INR 3,840.19 million compared to INR 1,810.5 million a year ago. Basic earnings per share from continuing operations was INR 359.47 compared to INR 169.47 a year ago. Diluted earnings per share from continuing operations was INR 359.47 compared to INR 169.47 a year ago.