Nelcast Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 2,927.72 million compared to INR 2,952.47 million a year ago. Revenue was INR 2,963.93 million compared to INR 2,995.51 million a year ago.

Net income was INR 71.76 million compared to INR 77.66 million a year ago. Basic earnings per share from continuing operations was INR 0.82 compared to INR 0.89 a year ago. Diluted earnings per share from continuing operations was INR 0.82 compared to INR 0.89 a year ago.