Akash Infra-Projects Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 243.07 million compared to INR 292.66 million a year ago. Revenue was INR 244.25 million compared to INR 293.68 million a year ago.

Net loss was INR 12.15 million compared to net income of INR 8.04 million a year ago. Basic loss per share from continuing operations was INR 0.72 compared to basic earnings per share from continuing operations of INR 0.48 a year ago. Diluted loss per share from continuing operations was INR 0.72 compared to diluted earnings per share from continuing operations of INR 0.48 a year ago.