Acknit 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 529.84 million compared to INR 631.34 million a year ago. Revenue was INR 530.27 million compared to INR 642.14 million a year ago. Net income was INR 22.56 million compared to INR 23.56 million a year ago. Basic earnings per share from continuing operations was INR 7.42 compared to INR 7.75 a year ago. Diluted earnings per share from continuing operations was INR 7.42 compared to INR 7.75 a year ago.
For the full year, sales was INR 2,384.69 million compared to INR 2,156.52 million a year ago. Revenue was INR 2,385.36 million compared to INR 2,168.13 million a year ago. Net income was INR 90.2 million compared to INR 79.38 million a year ago. Basic earnings per share from continuing operations was INR 29.67 compared to INR 26.11 a year ago. Diluted earnings per share from continuing operations was INR 29.67 compared to INR 26.11 a year ago.