Swelect Energy Systems 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 755.18 million compared to INR 617.26 million a year ago. Revenue was INR 842.45 million compared to INR 708.13 million a year ago. Net income was INR 363.43 million compared to INR 34.95 million a year ago. Basic earnings per share from continuing operations was INR 21.18 compared to INR 3.11 a year ago. Diluted earnings per share from continuing operations was INR 21.18 compared to INR 3.11 a year ago. Basic earnings per share was INR 23.77 compared to INR 2.89 a year ago. Diluted earnings per share was INR 23.77 compared to INR 2.89 a year ago.
For the full year, sales was INR 2,427.83 million compared to INR 2,457.01 million a year ago. Revenue was INR 2,793.31 million compared to INR 2,697.88 million a year ago. Net income was INR 620.09 million compared to INR 55.45 million a year ago. Basic earnings per share from continuing operations was INR 35.33 compared to INR 18.82 a year ago. Diluted earnings per share from continuing operations was INR 35.33 compared to INR 18.82 a year ago. Basic earnings per share was INR 41.62 compared to INR 4.23 a year ago. Diluted earnings per share was INR 41.62 compared to INR 4.23 a year ago.