Pearl Global 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 7,299.54 million compared to INR 8,960.28 million a year ago. Revenue was INR 7,355.91 million compared to INR 9,138.12 million a year ago. Net income was INR 519.35 million compared to INR 271.05 million a year ago. Basic earnings per share from continuing operations was INR 11.985 compared to INR 6.255 a year ago. Diluted earnings per share from continuing operations was INR 11.97 compared to INR 6.255 a year ago.
For the full year, sales was INR 31,584.09 million compared to INR 27,135.29 million a year ago. Revenue was INR 31,812.19 million compared to INR 27,469.88 million a year ago. Net income was INR 1,492.54 million compared to INR 681.46 million a year ago. Basic earnings per share from continuing operations was INR 34.45 compared to INR 15.73 a year ago. Diluted earnings per share from continuing operations was INR 34.395 compared to INR 15.73 a year ago.