MSP Steel & Power Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 6,245.18 million compared to INR 5,264.18 million a year ago. Revenue was INR 6,250.59 million compared to INR 5,265.91 million a year ago.

Net loss was INR 146.13 million compared to net income of INR 85.62 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to basic earnings per share from continuing operations of INR 0.22 a year ago.