Manaksia Steels 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 2,357.49 million compared to INR 2,017.48 million a year ago. Revenue was INR 2,372.46 million compared to INR 2,030.01 million a year ago. Net income was INR 62.25 million compared to INR 103.88 million a year ago. Basic earnings per share from continuing operations was INR 0.95 compared to INR 1.59 a year ago. Diluted earnings per share from continuing operations was INR 0.95 compared to INR 1.59 a year ago.
For the full year, sales was INR 7,423.76 million compared to INR 6,109.25 million a year ago. Revenue was INR 7,496.43 million compared to INR 6,191.56 million a year ago. Net income was INR 121.85 million compared to INR 353.17 million a year ago. Basic earnings per share from continuing operations was INR 1.86 compared to INR 5.39 a year ago. Diluted earnings per share from continuing operations was INR 1.86 compared to INR 5.39 a year ago.