ZF Steering Gear (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 1,251.3 million compared to INR 1,054.4 million a year ago. Revenue was INR 1,330.8 million compared to INR 1,082.1 million a year ago. Net income was INR 100.6 million compared to INR 30.1 million a year ago. Basic earnings per share from continuing operations was INR 11.56 compared to INR 3.32 a year ago. Diluted earnings per share from continuing operations was INR 11.56 compared to INR 3.32 a year ago.
For the full year, sales was INR 4,504.3 million compared to INR 3,128 million a year ago. Revenue was INR 4,637.1 million compared to INR 3,337.8 million a year ago. Net income was INR 245.4 million compared to INR 182.7 million a year ago. Basic earnings per share from continuing operations was INR 27.05 compared to INR 20.14 a year ago. Diluted earnings per share from continuing operations was INR 27.05 compared to INR 20.14 a year ago.