Wheels India 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 12,518.7 million compared to INR 11,877.3 million a year ago. Revenue was INR 12,552.2 million compared to INR 11,939.5 million a year ago. Net income was INR 242.7 million compared to INR 267.5 million a year ago. Basic earnings per share from continuing operations was INR 10.09 compared to INR 11.12 a year ago. Diluted earnings per share from continuing operations was INR 10.09 compared to INR 11.12 a year ago.
For the full year, sales was INR 46,511.5 million compared to INR 39,664.9 million a year ago. Revenue was INR 46,719.1 million compared to INR 39,789 million a year ago. Net income was INR 580.7 million compared to INR 764.7 million a year ago. Basic earnings per share from continuing operations was INR 24.13 compared to INR 31.78 a year ago. Diluted earnings per share from continuing operations was INR 24.13 compared to INR 31.78 a year ago.