Tide Water Oil Co. (India) 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 4,699.1 million compared to INR 4,446.8 million a year ago. Revenue was INR 4,741.7 million compared to INR 4,510.8 million a year ago. Net income was INR 343.9 million compared to INR 377.9 million a year ago. Basic earnings per share from continuing operations was INR 20.24 compared to INR 22.24 a year ago. Diluted earnings per share from continuing operations was INR 20.24 compared to INR 22.24 a year ago.
For the full year, sales was INR 18,538 million compared to INR 15,357.1 million a year ago. Revenue was INR 18,687.9 million compared to INR 15,553.6 million a year ago. Net income was INR 1,144.9 million compared to INR 1,229.1 million a year ago. Basic earnings per share from continuing operations was INR 67.37 compared to INR 72.32 a year ago. Diluted earnings per share from continuing operations was INR 67.37 compared to INR 72.32 a year ago.