Modern Engineering and Projects Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 142.9 million compared to INR 0.28 million a year ago. Revenue was INR 166.31 million compared to INR 15.02 million a year ago.

Net income was INR 12.84 million compared to INR 0.893 million a year ago. Basic earnings per share from continuing operations was INR 4.16 compared to INR 0.29 a year ago.