Rasandik Engineering Industries India 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 189.63 million compared to INR 267.5 million a year ago. Revenue was INR 368.61 million compared to INR 282.54 million a year ago. Net income was INR 127.34 million compared to net loss of INR 36.35 million a year ago. Basic earnings per share from continuing operations was INR 21.31 compared to basic loss per share from continuing operations of INR 6.08 a year ago.
For the full year, sales was INR 862.53 million compared to INR 1,500.19 million a year ago. Revenue was INR 1,155.85 million compared to INR 1,563.96 million a year ago. Net income was INR 71.29 million compared to net loss of INR 32.97 million a year ago. Basic earnings per share from continuing operations was INR 11.93 compared to basic loss per share from continuing operations of INR 5.52 a year ago.