Welcast Steels Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

Welcast Steels Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 193.62 million compared to INR 431.57 million a year ago. Revenue was INR 196.48 million compared to INR 434.64 million a year ago.

Net income was INR 5.89 million compared to INR 40.17 million a year ago. Basic earnings per share from continuing operations was INR 9.23 compared to INR 62.94 a year ago. Diluted earnings per share from continuing operations was INR 9.23 compared to INR 62.94 a year ago.