Ashirwad Steels & Industries 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 8.57 million compared to INR 3.18 million a year ago. Revenue was INR 16.39 million compared to INR 9.38 million a year ago. Net income was INR 8.98 million compared to INR 5.45 million a year ago. Basic earnings per share from continuing operations was INR 0.72 compared to INR 0.44 a year ago. Diluted earnings per share from continuing operations was INR 0.72 compared to INR 0.44 a year ago.
For the full year, sales was INR 15.85 million compared to INR 21.21 million a year ago. Revenue was INR 43.99 million compared to INR 44.43 million a year ago. Net income was INR 22.55 million compared to INR 167.66 million a year ago. Basic earnings per share from continuing operations was INR 1.8 compared to INR 13.41 a year ago. Diluted earnings per share from continuing operations was INR 1.8 compared to INR 13.41 a year ago.