SEL Manufacturing Company Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 2,383.31 million compared to INR 1,178.44 million a year ago. Revenue was INR 2,394.29 million compared to INR 1,226.22 million a year ago.

Net loss was INR 619.15 million compared to INR 508.49 million a year ago. Basic loss per share from continuing operations was INR 18.69 compared to INR 15.35 a year ago. Diluted loss per share from continuing operations was INR 18.69 compared to INR 15.35 a year ago.