Valson Industries 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 324.75 million compared to INR 329.73 million a year ago. Revenue was INR 327.63 million compared to INR 334.43 million a year ago. Net income was INR 2.15 million compared to INR 1.38 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 0.18 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 0.18 a year ago.
For the full year, sales was INR 1,298.58 million compared to INR 1,134.93 million a year ago. Revenue was INR 1,309.62 million compared to INR 1,150.23 million a year ago. Net income was INR 0.18 million compared to net loss of INR 11.72 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to basic loss per share from continuing operations of INR 1.53 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to diluted loss per share from continuing operations of INR 1.53 a year ago.