Vardhman Textiles Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 24,856.1 million compared to INR 27,071.1 million a year ago. Revenue was INR 25,607.5 million compared to INR 27,555.5 million a year ago.

Net income was INR 1,587.4 million compared to INR 3,221.2 million a year ago. Basic earnings per share from continuing operations was INR 5.58 compared to INR 11.35 a year ago. Diluted earnings per share from continuing operations was INR 5.58 compared to INR 11.33 a year ago.