Indo Tech Transformers Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 540.8 million compared to INR 226.5 million a year ago. Revenue was INR 548.2 million compared to INR 232.4 million a year ago.

Net income was INR 12.3 million compared to net loss of INR 54.7 million a year ago. Basic earnings per share from continuing operations was INR 1.16 compared to basic loss per share from continuing operations of INR 5.15 a year ago.