Jain Irrigation Systems 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 17,454.1 million compared to INR 13,727.4 million a year ago. Revenue was INR 17,465.8 million compared to INR 13,734.6 million a year ago. Net income was INR 9,768.4 million compared to INR 2,778.2 million a year ago. Basic loss per share from continuing operations was INR 1.69 compared to basic earnings per share from continuing operations of INR 5.17 a year ago. Basic earnings per share was INR 15.73 compared to INR 5.24 a year ago. Diluted earnings per share was INR 15.48 compared to INR 5.09 a year ago.
For the full year, sales was INR 57,475.8 million compared to INR 47,333.4 million a year ago. Revenue was INR 57,618 million compared to INR 47,499.4 million a year ago. Net income was INR 8,277 million compared to INR 3,248.7 million a year ago. Basic loss per share from continuing operations was INR 2.01 compared to basic earnings per share from continuing operations of INR 2.46 a year ago. Basic earnings per share was INR 13.33 compared to INR 6.15 a year ago.