Prakash 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 10,105.4 million compared to INR 11,574.3 million a year ago. Revenue was INR 10,141.4 million compared to INR 11,589.6 million a year ago. Net income was INR 579.6 million compared to INR 527.3 million a year ago. Basic earnings per share from continuing operations was INR 3.24 compared to INR 2.94 a year ago.
For the full year, sales was INR 34,437.5 million compared to INR 39,287.2 million a year ago. Revenue was INR 34,551.4 million compared to INR 39,372 million a year ago. Net income was INR 1,904.8 million compared to INR 1,687.2 million a year ago. Basic earnings per share from continuing operations was INR 10.64 compared to INR 9.42 a year ago. Diluted earnings per share from continuing operations was INR 10.64 compared to INR 9.07 a year ago.