Shalimar Wires Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 321.37 million compared to INR 265.04 million a year ago. Net income was INR 41.92 million compared to INR 96.38 million a year ago. Basic earnings per share from continuing operations was INR 0.98 compared to INR 2.25 a year ago. Diluted earnings per share from continuing operations was INR 0.98 compared to INR 2.25 a year ago.
For the full year, revenue was INR 1,235.95 million compared to INR 1,010.27 million a year ago. Net income was INR 65.29 million compared to net loss of INR 0.844 million a year ago. Basic earnings per share from continuing operations was INR 1.53 compared to basic loss per share from continuing operations of INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 1.53 compared to diluted loss per share from continuing operations of INR 0.02 a year ago.