V.I.P. Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 6,361.3 million compared to INR 5,906.1 million a year ago. Revenue was INR 6,387.7 million compared to INR 5,976.6 million a year ago.

Net income was INR 577.5 million compared to INR 691 million a year ago. Basic earnings per share from continuing operations was INR 4.08 compared to INR 4.88 a year ago. Diluted earnings per share from continuing operations was INR 4.06 compared to INR 4.86 a year ago.