UCAL Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,843.13 million compared to INR 1,932.61 million a year ago. Revenue was INR 1,866.79 million compared to INR 1,945.89 million a year ago.

Net loss was INR 48.49 million compared to INR 2.3 million a year ago. Basic loss per share from continuing operations was INR 2.19 compared to INR 0.1 a year ago. Diluted loss per share from continuing operations was INR 2.19 compared to INR 0.1 a year ago.