Tamilnadu Steel Tubes Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 189.16 million compared to INR 230.28 million a year ago. Revenue was INR 193.05 million compared to INR 231.26 million a year ago. Net income was INR 2.15 million compared to INR 5.39 million a year ago. Basic earnings per share from continuing operations was INR 0.42 compared to INR 1.05 a year ago. Diluted earnings per share from continuing operations was INR 0.42 compared to INR 1.05 a year ago.
For the full year, sales was INR 714.95 million compared to INR 920.65 million a year ago. Revenue was INR 719.96 million compared to INR 927.03 million a year ago. Net income was INR 2.83 million compared to INR 5.66 million a year ago. Basic earnings per share from continuing operations was INR 0.55 compared to INR 1.1 a year ago. Diluted earnings per share from continuing operations was INR 0.55 compared to INR 1.1 a year ago.