Galaxy Bearings 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 430.24 million compared to INR 343.79 million a year ago. Revenue was INR 433.77 million compared to INR 352.44 million a year ago. Net income was INR 59.04 million compared to INR 45.87 million a year ago. Basic earnings per share from continuing operations was INR 18.57 compared to INR 14.42 a year ago. Diluted earnings per share from continuing operations was INR 18.57 compared to INR 14.42 a year ago.
For the full year, sales was INR 1,186.8 million compared to INR 1,040.88 million a year ago. Revenue was INR 1,213.82 million compared to INR 1,056.99 million a year ago. Net income was INR 159.46 million compared to INR 132.86 million a year ago. Basic earnings per share from continuing operations was INR 50.14 compared to INR 41.78 a year ago. Diluted earnings per share from continuing operations was INR 50.14 compared to INR 41.78 a year ago.