Vashu Bhagnani Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 75.2 million compared to INR 164.19 million a year ago. Revenue was INR 75.26 million compared to INR 164.7 million a year ago. Net income was INR 55.65 million compared to INR 5.08 million a year ago. Basic earnings per share from continuing operations was INR 1.59 compared to INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 1.59 compared to INR 0.15 a year ago.
For the full year, sales was INR 580.71 million compared to INR 466.23 million a year ago. Revenue was INR 583.39 million compared to INR 466.27 million a year ago. Net income was INR 80.89 million compared to INR 28.68 million a year ago. Basic earnings per share from continuing operations was INR 2.31 compared to INR 0.82 a year ago. Diluted earnings per share from continuing operations was INR 2.31 compared to INR 0.82 a year ago.