Captain Pipes Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 191.19 million compared to INR 275.01 million a year ago. Revenue was INR 191.55 million compared to INR 275.61 million a year ago.

Net income was INR 10.31 million compared to net loss of INR 0.078 million a year ago. Basic earnings per share from continuing operations was INR 0.07.