M M Rubber Company 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 98.3 million compared to INR 106.91 million a year ago. Revenue was INR 98.41 million compared to INR 106.97 million a year ago. Net income was INR 4.3 million compared to INR 5.01 million a year ago. Basic earnings per share from continuing operations was INR 0.69 compared to INR 0.8 a year ago. Diluted earnings per share from continuing operations was INR 0.69 compared to INR 0.8 a year ago.
For the full year, sales was INR 414.55 million compared to INR 371.83 million a year ago. Revenue was INR 414.89 million compared to INR 372.03 million a year ago. Net income was INR 25.6 million compared to INR 14.54 million a year ago. Basic earnings per share from continuing operations was INR 4.11 compared to INR 2.33 a year ago. Diluted earnings per share from continuing operations was INR 4.11 compared to INR 2.33 a year ago.