Sharda Motor Industries 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 6,881.65 million compared to INR 6,178.51 million a year ago. Revenue was INR 7,018.64 million compared to INR 6,254.67 million a year ago. Net income was INR 620.66 million compared to INR 439.85 million a year ago. Basic earnings per share from continuing operations was INR 20.88 compared to INR 14.79 a year ago. Diluted earnings per share from continuing operations was INR 20.88 compared to INR 14.79 a year ago.
For the full year, sales was INR 26,999.36 million compared to INR 22,553.13 million a year ago. Revenue was INR 27,416.72 million compared to INR 22,848.49 million a year ago. Net income was INR 2,083.34 million compared to INR 1,492.15 million a year ago. Basic earnings per share from continuing operations was INR 70.07 compared to INR 50.19 a year ago. Diluted earnings per share from continuing operations was INR 70.07 compared to INR 50.19 a year ago.