MSTC Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,789.97 million compared to INR 1,805.82 million a year ago. Revenue was INR 1,997.56 million compared to INR 1,949.18 million a year ago.

Net income was INR 506.08 million compared to INR 542.93 million a year ago. Basic earnings per share from continuing operations was INR 7.19 compared to INR 7.71 a year ago. Diluted earnings per share from continuing operations was INR 7.19 compared to INR 7.71 a year ago.