NEL Holdings South Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 96.9 million compared to INR 151.4 million a year ago. Revenue was INR 136.1 million compared to INR 161.5 million a year ago. Net loss was INR 317.2 million compared to net income of INR 2,671.3 million a year ago. Basic loss per share from continuing operations was INR 2.17 compared to basic earnings per share from continuing operations of INR 18.32 a year ago. Diluted loss per share from continuing operations was INR 2.17 compared to diluted earnings per share from continuing operations of INR 18.32 a year ago.