Johnson Controls-Hitachi Air Conditioning India Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 5,671.8 million compared to INR 10,103.2 million a year ago. Revenue was INR 5,700.5 million compared to INR 10,142 million a year ago.

Net loss was INR 410.2 million compared to INR 19.7 million a year ago. Basic loss per share from continuing operations was INR 15.1 compared to INR 0.7 a year ago.