APIS India 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 770.32 million compared to INR 947.42 million a year ago. Revenue was INR 776.73 million compared to INR 953.4 million a year ago. Net income was INR 57.26 million compared to INR 14.81 million a year ago. Basic earnings per share from continuing operations was INR 10.83.
For the full year, sales was INR 3,319.9 million compared to INR 2,952.47 million a year ago. Revenue was INR 3,330.01 million compared to INR 2,959.72 million a year ago. Net income was INR 182.53 million compared to INR 79.82 million a year ago. Basic earnings per share from continuing operations was INR 33.57 compared to INR 13.44 a year ago.