Gujarat Narmada Valley Fertilizers & Chemicals 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 22,710 million compared to INR 27,720 million a year ago. Revenue was INR 23,940 million compared to INR 28,330 million a year ago. Net income was INR 3,360 million compared to INR 6,430 million a year ago. Basic earnings per share from continuing operations was INR 21.68 compared to INR 41.48 a year ago. Diluted earnings per share from continuing operations was INR 21.68 compared to INR 41.48 a year ago.
For the full year, sales was INR 102,270 million compared to INR 86,420 million a year ago. Revenue was INR 105,880 million compared to INR 88,520 million a year ago. Net income was INR 14,720 million compared to INR 17,100 million a year ago. Basic earnings per share from continuing operations was INR 94.97 compared to INR 110.32 a year ago. Diluted earnings per share from continuing operations was INR 94.97 compared to INR 110.32 a year ago.