Pennar Industries 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 6,684.3 million compared to INR 6,927.7 million a year ago. Revenue was INR 6,708.1 million compared to INR 6,998.6 million a year ago. Net income was INR 233.4 million compared to INR 165.4 million a year ago. Basic earnings per share from continuing operations was INR 1.75 compared to INR 1.16 a year ago.
For the full year, sales was INR 28,946.2 million compared to INR 22,657.5 million a year ago. Revenue was INR 29,280.5 million compared to INR 22,828.1 million a year ago. Net income was INR 754.3 million compared to INR 418.3 million a year ago. Basic earnings per share from continuing operations was INR 5.49 compared to INR 2.94 a year ago.