Modern Dairies 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 978.29 million compared to INR 809.22 million a year ago. Revenue was INR 981.77 million compared to INR 812.83 million a year ago. Net income was INR 63.43 million compared to INR 26.16 million a year ago. Basic earnings per share from continuing operations was INR 2.72 compared to INR 1.12 a year ago. Diluted earnings per share from continuing operations was INR 2.72 compared to INR 1.12 a year ago.
For the full year, sales was INR 3,614.95 million compared to INR 2,174.89 million a year ago. Revenue was INR 3,620.42 million compared to INR 2,187.58 million a year ago. Net income was INR 342.29 million compared to INR 121.56 million a year ago. Basic earnings per share from continuing operations was INR 14.68 compared to INR 5.21 a year ago. Diluted earnings per share from continuing operations was INR 14.68 compared to INR 5.21 a year ago.