Rexnord Electronics and Controls 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 231.48 million compared to INR 197.69 million a year ago. Revenue was INR 237.24 million compared to INR 201.68 million a year ago. Net loss was INR 3.87 million compared to net income of INR 24.45 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to basic earnings per share from continuing operations of INR 2.19 a year ago.
For the full year, sales was INR 884.68 million compared to INR 710.72 million a year ago. Revenue was INR 897.1 million compared to INR 721.48 million a year ago. Net income was INR 63.51 million compared to INR 91.18 million a year ago. Basic earnings per share from continuing operations was INR 5.69 compared to INR 8.17 a year ago.