International Conveyors Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 426.6 million compared to INR 558.8 million a year ago. Revenue was INR 570 million compared to INR 590.6 million a year ago.

Net income was INR 141.1 million compared to INR 69.8 million a year ago. Basic earnings per share from continuing operations was INR 2.21 compared to INR 1.03 a year ago. Diluted earnings per share from continuing operations was INR 2.21 compared to INR 1.03 a year ago.