Forbes & Company Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,067.6 million compared to INR 1,218.5 million a year ago. Revenue was INR 1,267.8 million compared to INR 3,304.2 million a year ago.

Net income was INR 158.7 million compared to INR 1,457.8 million a year ago. Basic earnings per share from continuing operations was INR 12.46 compared to INR 114.01 a year ago. Basic earnings per share was INR 12.46 compared to INR 114.39 a year ago.