Galaxy Bearings Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 289.4 million compared to INR 178.91 million a year ago. Revenue was INR 304.79 million compared to INR 178.1 million a year ago.

Net income was INR 34.81 million compared to INR 12.61 million a year ago. Basic earnings per share from continuing operations was INR 10.95 compared to INR 3.97 a year ago. Diluted earnings per share from continuing operations was INR 10.95 compared to INR 3.97 a year ago.