Ambalal Sarabhai Enterprises Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 436.49 million compared to INR 427.31 million a year ago. Revenue was INR 463.35 million compared to INR 734.61 million a year ago.

Net income was INR 15.82 million compared to INR 265.96 million a year ago. Basic earnings per share from continuing operations was INR 0.21 compared to INR 3.47 a year ago.