Zenith Steel Pipes & Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 243.95 million compared to INR 596.41 million a year ago. Revenue was INR 245.53 million compared to INR 604.51 million a year ago.

Net loss was INR 23.62 million compared to net income of INR 0.115 million a year ago. Basic loss per share from continuing operations was INR 0.16 compared to basic earnings per share from continuing operations of INR 0.13 a year ago. Basic loss per share was INR 0.17.