Swadeshi Polytex 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 162.09 million compared to INR 362.28 million a year ago. Revenue was INR 172.29 million compared to INR 364.63 million a year ago. Net income was INR 127.15 million compared to INR 289.37 million a year ago. Basic earnings per share was INR 3.26 compared to INR 7.42 a year ago. Diluted earnings per share was INR 3.26 compared to INR 7.42 a year ago.
For the full year, sales was INR 443.36 million compared to INR 362.28 million a year ago. Revenue was INR 468.02 million compared to INR 366.99 million a year ago. Net income was INR 348.47 million compared to INR 255.25 million a year ago. Basic earnings per share was INR 8.94 compared to INR 6.54 a year ago. Diluted earnings per share was INR 8.94 compared to INR 6.54 a year ago.