Fairfax India Holdings Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported negative revenue was USD 37.22 million compared to revenue of USD 73.08 million a year ago. Net loss was USD 55.49 million compared to net income of USD 55.96 million a year ago.

Basic loss per share from continuing operations was USD 0.4 compared to basic earnings per share from continuing operations of USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.4 compared to diluted earnings per share from continuing operations of USD 0.38 a year ago.