Vardhman Special Steels Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 3,433.48 million compared to INR 3,344.79 million a year ago. Revenue was INR 3,648.62 million compared to INR 3,368.94 million a year ago. Net income was INR 291.93 million compared to INR 263.63 million a year ago. Basic earnings per share from continuing operations was INR 7.2 compared to INR 6.51 a year ago. Diluted earnings per share from continuing operations was INR 7.15 compared to INR 6.49 a year ago.
For the full year, sales was INR 13,684.6 million compared to INR 9,370.8 million a year ago. Revenue was INR 13,973.52 million compared to INR 9,500.41 million a year ago. Net income was INR 1,007.5 million compared to INR 441.95 million a year ago. Basic earnings per share from continuing operations was INR 24.87 compared to INR 10.94 a year ago. Diluted earnings per share from continuing operations was INR 24.71 compared to INR 10.93 a year ago.