National Standard (India) 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 94.26 million compared to INR 182.07 million a year ago. Revenue was INR 123.41 million compared to INR 212.64 million a year ago. Net income was INR 26.97 million compared to INR 102.7 million a year ago. Basic earnings per share from continuing operations was INR 1.35 compared to INR 5.13 a year ago.
For the full year, sales was INR 173.45 million compared to INR 254.64 million a year ago. Revenue was INR 279.21 million compared to INR 448.5 million a year ago. Net income was INR 82.48 million compared to INR 246.08 million a year ago. Basic earnings per share from continuing operations was INR 4.12 compared to INR 12.3 a year ago.