MTAR Technologies 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 1,963.97 million compared to INR 985.8 million a year ago. Revenue was INR 2,009.46 million compared to INR 1,010.21 million a year ago. Net income was INR 310.69 million compared to INR 198.03 million a year ago. Basic earnings per share from continuing operations was INR 10.1 compared to INR 6.44 a year ago. Diluted earnings per share from continuing operations was INR 10.1 compared to INR 6.44 a year ago.
For the full year, sales was INR 5,737.51 million compared to INR 3,220.06 million a year ago. Revenue was INR 5,932.28 million compared to INR 3,307.59 million a year ago. Net income was INR 1,034.19 million compared to INR 608.74 million a year ago. Basic earnings per share from continuing operations was INR 33.62 compared to INR 19.79 a year ago. Diluted earnings per share from continuing operations was INR 33.62 compared to INR 19.79 a year ago.