Nelco Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 788 million compared to INR 816.8 million a year ago. Revenue was INR 791.8 million compared to INR 819.7 million a year ago.

Net income was INR 57.3 million compared to INR 47.2 million a year ago. Basic earnings per share from continuing operations was INR 2.51 compared to INR 2.07 a year ago.