Ankit Metal & Power Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,940.73 million compared to INR 1,744.89 million a year ago. Revenue was INR 2,029.26 million compared to INR 2,071.33 million a year ago.

Net loss was INR 531.73 million compared to INR 135.07 million a year ago. Basic loss per share from continuing operations was INR 3.77 compared to INR 0.96 a year ago. Diluted loss per share from continuing operations was INR 3.77 compared to INR 0.96 a year ago.