IFAD Autos Limited reported earnings results for the first quarter ended September 30, 2022. For the first quarter, the company reported sales was BDT 2,354.8 million compared to BDT 1,733.29 million a year ago. Net loss was BDT 206.39 million compared to net income of BDT 104.39 million a year ago.

Basic loss per share from continuing operations was BDT 0.781 compared to basic earnings per share from continuing operations of BDT 0.3905 a year ago.