CARE Ratings Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 664.19 million compared to INR 545.69 million a year ago. Revenue was INR 779.52 million compared to INR 620.92 million a year ago.

Net income was INR 178.1 million compared to INR 136.66 million a year ago. Basic earnings per share from continuing operations was INR 6 compared to INR 4.61 a year ago. Diluted earnings per share from continuing operations was INR 5.99 compared to INR 4.61 a year ago.