Swelect Energy Systems Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 850.48 million compared to INR 634.06 million a year ago. Revenue was INR 977.52 million compared to INR 648.22 million a year ago.

Net income was INR 109.07 million compared to net loss of INR 26.79 million a year ago. Basic earnings per share from continuing operations was INR 7.62 compared to INR 5.81 a year ago. Diluted earnings per share from continuing operations was INR 7.62 compared to INR 5.81 a year ago.

Basic earnings per share was INR 7.62 compared to basic loss per share of INR 1.79 a year ago. Diluted earnings per share was INR 7.62 compared to diluted loss per share of INR 1.79 a year ago.