Lokesh Machines 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 670.01 million compared to INR 652.13 million a year ago. Revenue was INR 676.2 million compared to INR 655.11 million a year ago. Net income was INR 29.61 million compared to INR 27.12 million a year ago. Basic earnings per share from continuing operations was INR 1.65 compared to INR 1.52 a year ago. Diluted earnings per share from continuing operations was INR 1.65 compared to INR 1.52 a year ago.
For the full year, sales was INR 2,403.02 million compared to INR 2,018.38 million a year ago. Revenue was INR 2,445.11 million compared to INR 2,026.6 million a year ago. Net income was INR 96.74 million compared to INR 63.46 million a year ago. Basic earnings per share from continuing operations was INR 5.41 compared to INR 3.55 a year ago. Diluted earnings per share from continuing operations was INR 5.41 compared to INR 3.55 a year ago.