Forbes & Company Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 1,218.5 million compared to INR 1,301.2 million a year ago. Revenue was INR 3,304.2 million compared to INR 1,199.3 million a year ago.

Net income was INR 1,457.8 million compared to net loss of INR 43.4 million a year ago. Basic earnings per share from continuing operations was INR 114.01 compared to basic loss per share from continuing operations of INR 10.34 a year ago. Basic earnings per share was INR 114.39 compared to basic loss per share of INR 3.69 a year ago.