Salzer 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 3,027.3 million compared to INR 2,388.69 million a year ago. Revenue was INR 3,030.59 million compared to INR 2,393.97 million a year ago. Net income was INR 96.14 million compared to INR 32.42 million a year ago. Basic earnings per share from continuing operations was INR 6.01 compared to INR 2.03 a year ago. Diluted earnings per share from continuing operations was INR 5.44 compared to INR 2.03 a year ago.
For the full year, sales was INR 10,370.87 million compared to INR 8,035.42 million a year ago. Revenue was INR 10,387.88 million compared to INR 8,060.18 million a year ago. Net income was INR 387.05 million compared to INR 225.93 million a year ago. Basic earnings per share from continuing operations was INR 24.21 compared to INR 14.14 a year ago. Diluted earnings per share from continuing operations was INR 21.9 compared to INR 14.14 a year ago.