Stovec Industries Limited reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was INR 579.74 million compared to INR 609.29 million a year ago. Revenue was INR 589.64 million compared to INR 619 million a year ago.

Net income was INR 40.06 million compared to INR 16.64 million a year ago. Basic earnings per share from continuing operations was INR 19.19 compared to INR 7.96 a year ago. Diluted earnings per share from continuing operations was INR 19.19 compared to INR 7.96 a year ago.