Motherson Sumi Wiring India Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 18,771.4 million compared to INR 16,708.1 million a year ago. Net income was INR 1,384.7 million compared to INR 464.2 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to INR 0.1 a year ago. Diluted earnings per share from continuing operations was INR 0.31 compared to INR 0.1 a year ago.
For the full year, revenue was INR 70,796.6 million compared to INR 56,650 million a year ago. Net income was INR 4,870.4 million compared to INR 4,106.7 million a year ago. Basic earnings per share from continuing operations was INR 1.1 compared to INR 0.93 a year ago. Diluted earnings per share from continuing operations was INR 1.1 compared to INR 0.93 a year ago.