MosChip Technologies Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 570.06 million compared to INR 416.71 million a year ago. Revenue was INR 586.7 million compared to INR 426.23 million a year ago.

Net income was INR 32.06 million compared to INR 15.54 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to INR 0.1 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.09 a year ago.