The India Cements Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 14,367.4 million compared to INR 15,143.5 million a year ago. Revenue was INR 14,438.7 million compared to INR 15,246.3 million a year ago.

Net loss was INR 874 million compared to net income of INR 799.8 million a year ago. Basic loss per share from continuing operations was INR 2.86 compared to basic earnings per share from continuing operations of INR 2.74 a year ago. Diluted loss per share from continuing operations was INR 2.86 compared to diluted earnings per share from continuing operations of INR 2.74 a year ago.