Sunflag Iron and Steel Company 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 8,369.7 million compared to INR 6,489.8 million a year ago. Revenue was INR 8,389.7 million compared to INR 6,499.3 million a year ago. Net income was INR 397 million compared to INR 408.1 million a year ago. Basic earnings per share from continuing operations was INR 2.2 compared to INR 2.27 a year ago.
For the full year, sales was INR 34,884.2 million compared to INR 26,982.6 million a year ago. Revenue was INR 34,954.9 million compared to INR 27,028.2 million a year ago. Net income was INR 11,152.9 million compared to INR 2,170 million a year ago. Basic earnings per share from continuing operations was INR 61.89 compared to INR 12.04 a year ago.