VMS Industries Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 271.29 million compared to INR 594.64 million a year ago. Revenue was INR 293.89 million compared to INR 604.34 million a year ago.

Net income was INR 16.44 million compared to net loss of INR 1.48 million a year ago. Basic earnings per share from continuing operations was INR 1. Diluted earnings per share from continuing operations was INR 1.