Vipul Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 61.05 million compared to INR 137.38 million a year ago. Revenue was INR 82.06 million compared to INR 157.85 million a year ago.

Net loss was INR 153.13 million compared to INR 1,091.33 million a year ago. Basic loss per share from continuing operations was INR 1.28 compared to INR 9.1 a year ago. Diluted loss per share from continuing operations was INR 1.28 compared to INR 9.1 a year ago.