Kalyani Forge Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 568.25 million compared to INR 635.82 million a year ago. Revenue was INR 580.36 million compared to INR 654.79 million a year ago. Net income was INR 7.05 million compared to net loss of INR 30.32 million a year ago. Basic earnings per share from continuing operations was INR 1.94 compared to basic loss per share from continuing operations of INR 8.33 a year ago. Diluted earnings per share from continuing operations was INR 1.94 compared to diluted loss per share from continuing operations of INR 8.33 a year ago.
For the full year, sales was INR 2,367.87 million compared to INR 2,658.4 million a year ago. Revenue was INR 2,406.63 million compared to INR 2,728.27 million a year ago. Net income was INR 45.5 million compared to net loss of INR 1.84 million a year ago. Basic earnings per share from continuing operations was INR 12.51 compared to basic loss per share from continuing operations of INR 0.5 a year ago. Diluted earnings per share from continuing operations was INR 12.51 compared to diluted loss per share from continuing operations of INR 0.5 a year ago.