Kanani Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 425.55 million compared to INR 876.45 million a year ago. Revenue was INR 431.51 million compared to INR 880.6 million a year ago. Net income was INR 9.87 million compared to INR 1.32 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to INR 0.01 a year ago.
For the full year, sales was INR 2,907.25 million compared to INR 3,115.76 million a year ago. Revenue was INR 2,918.91 million compared to INR 3,124.87 million a year ago. Net income was INR 18.05 million compared to INR 4.39 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.18 compared to INR 0.04 a year ago.