Avro 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 171.06 million compared to INR 183.04 million a year ago. Revenue was INR 186.49 million compared to INR 186.39 million a year ago. Net income was INR 8.7 million compared to INR 18.4 million a year ago. Basic earnings per share from continuing operations was INR 0.87 compared to INR 1.82 a year ago. Diluted earnings per share from continuing operations was INR 0.87 compared to INR 1.82 a year ago.
For the full year, sales was INR 800.13 million compared to INR 647.41 million a year ago. Revenue was INR 823.41 million compared to INR 652.05 million a year ago. Net income was INR 41.51 million compared to INR 29.76 million a year ago. Basic earnings per share from continuing operations was INR 4.12 compared to INR 2.95 a year ago. Diluted earnings per share from continuing operations was INR 4.12 compared to INR 2.95 a year ago.