Finolex Industries 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 11,410.6 million compared to INR 15,945.7 million a year ago. Revenue was INR 11,702.6 million compared to INR 16,193.3 million a year ago. Net income was INR 1,665 million compared to INR 4,951.2 million a year ago. Basic earnings per share from continuing operations was INR 2.68 compared to INR 7.98 a year ago. Diluted earnings per share from continuing operations was INR 2.68 compared to INR 7.98 a year ago.
For the full year, sales was INR 43,970.5 million compared to INR 46,473.2 million a year ago. Revenue was INR 45,179.7 million compared to INR 47,295.5 million a year ago. Net income was INR 2,507 million compared to INR 10,513.5 million a year ago. Basic earnings per share from continuing operations was INR 4.04 compared to INR 16.94 a year ago. Diluted earnings per share from continuing operations was INR 4.04 compared to INR 16.94 a year ago.