Shivalik Bimetal Controls 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 1,235.97 million compared to INR 893.16 million a year ago. Revenue was INR 1,253.19 million compared to INR 908.42 million a year ago. Net income was INR 215.06 million compared to INR 144.62 million a year ago. Basic earnings per share from continuing operations was INR 3.73 compared to INR 2.54 a year ago. Diluted earnings per share from continuing operations was INR 3.73 compared to INR 2.54 a year ago.
For the full year, sales was INR 4,703.72 million compared to INR 3,239.88 million a year ago. Revenue was INR 4,802.96 million compared to INR 3,294.34 million a year ago. Net income was INR 791.03 million compared to INR 551.12 million a year ago. Basic earnings per share from continuing operations was INR 13.66 compared to INR 9.58 a year ago. Diluted earnings per share from continuing operations was INR 13.66 compared to INR 9.58 a year ago.