Nova Iron & Steel Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,861.42 million compared to INR 1,754.05 million a year ago. Revenue was INR 1,891.65 million compared to INR 1,820.27 million a year ago.

Net income was INR 116.51 million compared to INR 5.36 million a year ago. Basic earnings per share from continuing operations was INR 3.22 compared to INR 0.16 a year ago. Diluted earnings per share from continuing operations was INR 3.22 compared to INR 0.16 a year ago.