The Ugar Sugar Works 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 6,084.69 million compared to INR 3,633.76 million a year ago. Revenue was INR 6,494.33 million compared to INR 4,094.31 million a year ago. Net income was INR 652.59 million compared to INR 148.42 million a year ago. Basic earnings per share from continuing operations was INR 5.8 compared to INR 1.32 a year ago.
For the full year, sales was INR 17,941.76 million compared to INR 11,374.6 million a year ago. Revenue was INR 19,465.73 million compared to INR 13,038.34 million a year ago. Net income was INR 1,030.48 million compared to INR 433.28 million a year ago. Basic earnings per share from continuing operations was INR 9.16 compared to INR 3.85 a year ago.