Swaraj Engines 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 3,597.9 million compared to INR 2,423.5 million a year ago. Revenue was INR 3,634.9 million compared to INR 2,446.4 million a year ago. Net income was INR 349.6 million compared to INR 218.6 million a year ago. Basic earnings per share from continuing operations was INR 28.79 compared to INR 18.01 a year ago. Diluted earnings per share from continuing operations was INR 28.78 compared to INR 18 a year ago.
For the full year, sales was INR 14,218.2 million compared to INR 11,381.5 million a year ago. Revenue was INR 14,337.7 million compared to INR 11,478.1 million a year ago. Net income was INR 1,336.1 million compared to INR 1,094.7 million a year ago. Basic earnings per share from continuing operations was INR 110.02 compared to INR 90.17 a year ago. Diluted earnings per share from continuing operations was INR 109.99 compared to INR 90.13 a year ago.