Garg Furnace 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 710.16 million compared to INR 623.47 million a year ago. Revenue was INR 721.86 million compared to INR 623.87 million a year ago. Net income was INR 28.29 million compared to INR 38.49 million a year ago. Diluted earnings per share from continuing operations was INR 4.79 compared to INR 9.6 a year ago.
For the full year, sales was INR 2,580.26 million compared to INR 2,382.44 million a year ago. Revenue was INR 2,593.53 million compared to INR 2,384.49 million a year ago. Net income was INR 55.58 million compared to INR 59.4 million a year ago. Basic earnings per share from continuing operations was INR 13.84 compared to INR 14.82 a year ago. Diluted earnings per share from continuing operations was INR 11.6 compared to INR 14.82 a year ago.