Veto Switchgears and Cables Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 669.63 million compared to INR 598.46 million a year ago. Revenue was INR 673.77 million compared to INR 601.97 million a year ago.

Net income was INR 48.48 million compared to INR 64.29 million a year ago. Basic earnings per share from continuing operations was INR 2.56 compared to INR 3.4 a year ago. Diluted earnings per share from continuing operations was INR 2.56 compared to INR 3.4 a year ago.