MTAR Technologies Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 1,429.7 million compared to INR 1,963.97 million a year ago. Revenue was INR 1,433.52 million compared to INR 2,009.46 million a year ago. Net income was INR 48.71 million compared to INR 310.69 million a year ago. Basic earnings per share from continuing operations was INR 1.58 compared to INR 10.1 a year ago. Diluted earnings per share from continuing operations was INR 1.58 compared to INR 10.1 a year ago.
For the full year, sales was INR 5,807.52 million compared to INR 5,737.51 million a year ago. Revenue was INR 5,865.59 million compared to INR 5,932.28 million a year ago. Net income was INR 561.13 million compared to INR 1,034.19 million a year ago. Basic earnings per share from continuing operations was INR 18.24 compared to INR 33.62 a year ago. Diluted earnings per share from continuing operations was INR 18.24 compared to INR 33.62 a year ago.