Power and Instrumentation (Guj) 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 446.66 million compared to INR 633.14 million a year ago. Revenue was INR 454.57 million compared to INR 635.32 million a year ago. Net income was INR 12.32 million compared to INR 28.48 million a year ago. Basic earnings per share from continuing operations was INR 0.97 compared to INR 3.3 a year ago. Diluted earnings per share from continuing operations was INR 0.97 compared to INR 3.3 a year ago.
For the full year, sales was INR 942.6 million compared to INR 912.8 million a year ago. Revenue was INR 952.7 million compared to INR 917.5 million a year ago. Net income was INR 36.1 million compared to INR 28.79 million a year ago. Basic earnings per share from continuing operations was INR 2.84 compared to INR 3.32 a year ago. Diluted earnings per share from continuing operations was INR 2.84 compared to INR 3.32 a year ago.