Tamil Nadu Newsprint and Papers 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 14,125.9 million compared to INR 13,568.2 million a year ago. Revenue was INR 14,400.9 million compared to INR 13,882.2 million a year ago. Net income was INR 1,028.3 million compared to INR 224.4 million a year ago. Basic earnings per share from continuing operations was INR 14.86 compared to INR 3.24 a year ago. Diluted earnings per share from continuing operations was INR 14.86 compared to INR 3.24 a year ago.
For the full year, sales was INR 51,172.2 million compared to INR 39,713.7 million a year ago. Revenue was INR 52,254.1 million compared to INR 40,690.4 million a year ago. Net income was INR 3,878.7 million compared to INR 143.2 million a year ago. Basic earnings per share from continuing operations was INR 56.04 compared to INR 2.07 a year ago. Diluted earnings per share from continuing operations was INR 56.04 compared to INR 2.07 a year ago.