Remi Edelstahl Tubulars 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 385.54 million compared to INR 436.04 million a year ago. Revenue was INR 388.79 million compared to INR 437.69 million a year ago. Net income was INR 3.57 million compared to INR 1.01 million a year ago. Basic earnings per share from continuing operations was INR 0.32 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.32 compared to INR 0.09 a year ago.
For the full year, sales was INR 1,347.99 million compared to INR 1,055.96 million a year ago. Revenue was INR 1,356.59 million compared to INR 1,071.73 million a year ago. Net income was INR 1.48 million compared to INR 6.42 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to INR 0.58 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to INR 0.58 a year ago.