Somi Conveyor Beltings Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 387.87 million compared to INR 174.14 million a year ago. Revenue was INR 388.41 million compared to INR 174.56 million a year ago.

Net income was INR 19.83 million compared to INR 6 million a year ago. Basic earnings per share from continuing operations was INR 1.68 compared to INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 1.68 compared to INR 0.51 a year ago.