Rir Power Electronics 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 162.56 million compared to INR 113.61 million a year ago. Revenue was INR 171.51 million compared to INR 119.1 million a year ago. Net income was INR 11.97 million compared to INR 9.69 million a year ago. Basic earnings per share from continuing operations was INR 1.74 compared to INR 1.39 a year ago. Diluted earnings per share from continuing operations was INR 1.74 compared to INR 1.39 a year ago.
For the full year, sales was INR 573.34 million compared to INR 423.29 million a year ago. Revenue was INR 594.31 million compared to INR 439.59 million a year ago. Net income was INR 59.71 million compared to INR 28.11 million a year ago. Basic earnings per share from continuing operations was INR 8.69 compared to INR 4.15 a year ago.