International Conveyors Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 488.3 million compared to INR 577.8 million a year ago. Revenue was INR 528.5 million compared to INR 631.1 million a year ago.

Net income was INR 78.7 million compared to INR 27.6 million a year ago. Basic earnings per share from continuing operations was INR 1.17 compared to INR 0.41 a year ago. Diluted earnings per share from continuing operations was INR 1.17 compared to INR 0.41 a year ago.