Mangalam Seeds Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 231.83 million compared to INR 161.14 million a year ago. Revenue was INR 231.97 million compared to INR 161.24 million a year ago.

Net income was INR 28.29 million compared to INR 18.59 million a year ago. Basic earnings per share from continuing operations was INR 2.58 compared to INR 1.69 a year ago. Diluted earnings per share from continuing operations was INR 2.58 compared to INR 1.69 a year ago.