MT Educare Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 126.83 million compared to INR 184.01 million a year ago. Revenue was INR 186.76 million compared to INR 203 million a year ago.

Net loss was INR 46.94 million compared to INR 20.75 million a year ago. Basic loss per share from continuing operations was INR 0.65 compared to INR 0.29 a year ago. Diluted loss per share from continuing operations was INR 0.65 compared to INR 0.29 a year ago.