Indo Borax & Chemicals Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 549.78 million compared to INR 525.21 million a year ago. Revenue was INR 579.56 million compared to INR 532.95 million a year ago.

Net income was INR 103.77 million compared to INR 128.59 million a year ago. Basic earnings per share from continuing operations was INR 3.23 compared to INR 4.01 a year ago.