Southern Magnesium and Chemicals Limited reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was INR 85.7 million compared to INR 23.38 million a year ago. Revenue was INR 86.57 million compared to INR 23.78 million a year ago.

Net income was INR 35.3 million compared to INR 4 million a year ago. Basic earnings per share from continuing operations was INR 11.77 compared to INR 1.33 a year ago.