Lumax 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 6,081.02 million compared to INR 5,493.69 million a year ago. Revenue was INR 6,125.92 million compared to INR 5,528.92 million a year ago. Net income was INR 207.5 million compared to INR 285.2 million a year ago. Basic earnings per share from continuing operations was INR 22.2 compared to INR 30.51 a year ago.
For the full year, sales was INR 23,195.23 million compared to INR 17,513.11 million a year ago. Revenue was INR 23,342.08 million compared to INR 17,646.97 million a year ago. Net income was INR 1,030.8 million compared to INR 407.25 million a year ago. Basic earnings per share from continuing operations was INR 110.27 compared to INR 43.57 a year ago.