Ponni Sugars (Erode) Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 994.6 million compared to INR 694.3 million a year ago. Revenue was INR 1,010.5 million compared to INR 707.7 million a year ago.

Net income was INR 68.3 million compared to INR 112.7 million a year ago. Basic earnings per share from continuing operations was INR 7.94 compared to INR 13.1 a year ago. Diluted earnings per share from continuing operations was INR 7.94 compared to INR 13.1 a year ago.