V.I.P. Industries Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 5,906.1 million compared to INR 2,062.1 million a year ago. Revenue was INR 5,976.6 million compared to INR 2,205.8 million a year ago.

Net income was INR 691 million compared to INR 25.3 million a year ago. Basic earnings per share from continuing operations was INR 4.88 compared to INR 0.18 a year ago. Diluted earnings per share from continuing operations was INR 4.86 compared to INR 0.18 a year ago.