Nelco Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 819.8 million compared to INR 716.9 million a year ago. Revenue was INR 828.3 million compared to INR 732.3 million a year ago.

Net income was INR 56.6 million compared to INR 30.3 million a year ago. Basic earnings per share from continuing operations was INR 2.48 compared to INR 1.33 a year ago.