Alps Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 9.19 million compared to INR 128.99 million a year ago. Revenue was INR 22.14 million compared to INR 147.28 million a year ago.

Net loss was INR 133.56 million compared to INR 136.53 million a year ago. Basic loss per share from continuing operations was INR 3.41 compared to INR 3.49 a year ago.