Stovec Industries Limited reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was INR 609.29 million compared to INR 572.34 million a year ago. Revenue was INR 619 million compared to INR 586.33 million a year ago. Net income was INR 16.64 million compared to INR 59.19 million a year ago. Basic earnings per share from continuing operations was INR 7.96 compared to INR 28.35 a year ago. Diluted earnings per share from continuing operations was INR 7.96 compared to INR 28.35 a year ago.
For the full year, sales was INR 2,358.49 million compared to INR 2,333.61 million a year ago. Revenue was INR 2,404.66 million compared to INR 2,389.81 million a year ago. Net income was INR 247.67 million compared to INR 296.41 million a year ago. Basic earnings per share from continuing operations was INR 118.61 compared to INR 141.96 a year ago. Diluted earnings per share from continuing operations was INR 118.61 compared to INR 141.96 a year ago.