Finolex 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 12,243.2 million compared to INR 11,868.5 million a year ago. Revenue was INR 12,661.4 million compared to INR 12,068 million a year ago. Net income was INR 1,750 million compared to INR 2,244.7 million a year ago. Basic earnings per share from continuing operations was INR 11.44 compared to INR 14.68 a year ago. Diluted earnings per share from continuing operations was INR 11.44 compared to INR 14.68 a year ago.
For the full year, sales was INR 44,811.1 million compared to INR 37,681.4 million a year ago. Revenue was INR 45,988.5 million compared to INR 38,395.6 million a year ago. Net income was INR 5,042.8 million compared to INR 5,991.4 million a year ago. Basic earnings per share from continuing operations was INR 32.97 compared to INR 39.18 a year ago. Diluted earnings per share from continuing operations was INR 32.97 compared to INR 39.18 a year ago.