Ritesh Properties and Industries Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 242.92 million compared to INR 579.99 million a year ago. Revenue was INR 253.31 million compared to INR 664.25 million a year ago.

Net income was INR 18.89 million compared to INR 100.79 million a year ago. Basic earnings per share from continuing operations was INR 0.076. Diluted earnings per share from continuing operations was INR 0.072.