Ajel Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 35.46 million compared to INR 11.3 million a year ago. Revenue was INR 35.31 million compared to INR 11.3 million a year ago.

Net income was INR 7.89 million compared to INR 0.214 million a year ago. Basic earnings per share from continuing operations was INR 0.68 compared to INR 0.02 a year ago.