Jai Balaji Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 14,825.65 million compared to INR 14,947.33 million a year ago. Revenue was INR 14,903.87 million compared to INR 15,019.09 million a year ago.

Net income was INR 1,704.29 million compared to INR 218.16 million a year ago. Basic earnings per share from continuing operations was INR 11.34 compared to INR 1.98 a year ago. Diluted earnings per share from continuing operations was INR 9.61 compared to INR 1.95 a year ago.