Veto Switchgears and Cables 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 841.4 million compared to INR 789.63 million a year ago. Revenue was INR 859.51 million compared to INR 813.09 million a year ago. Net income was INR 19.99 million compared to INR 48.78 million a year ago. Basic earnings per share from continuing operations was INR 1.15 compared to INR 2.57 a year ago. Diluted earnings per share from continuing operations was INR 1.15 compared to INR 2.57 a year ago.
For the full year, sales was INR 2,911.07 million compared to INR 2,672.4 million a year ago. Revenue was INR 2,955.11 million compared to INR 2,703.85 million a year ago. Net income was INR 202.47 million compared to INR 200.17 million a year ago. Basic earnings per share from continuing operations was INR 10.7 compared to INR 10.56 a year ago. Diluted earnings per share from continuing operations was INR 10.7 compared to INR 10.56 a year ago.