McNally Bharat Engineering Company Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 409.9 million compared to INR 916.75 million a year ago. Revenue was INR 523.98 million compared to INR 1,026.82 million a year ago.

Net loss was INR 2,369.17 million compared to INR 10,453.98 million a year ago. Basic loss per share from continuing operations was INR 11.2 compared to INR 49.41 a year ago. Diluted loss per share from continuing operations was INR 11.2 compared to INR 49.41 a year ago.