Morganite Crucible (India) Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 339.78 million compared to INR 406.34 million a year ago. Revenue was INR 356.15 million compared to INR 519.57 million a year ago.

Net income was INR 19.86 million compared to INR 132.39 million a year ago. Basic earnings per share from continuing operations was INR 3.55 compared to INR 23.64 a year ago. Diluted earnings per share from continuing operations was INR 3.55 compared to INR 23.64 a year ago.