Virinchi Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 757.94 million compared to INR 1,162.99 million a year ago. Revenue was INR 761.44 million compared to INR 1,163.41 million a year ago.

Net loss was INR 17.84 million compared to net income of INR 51.59 million a year ago. Basic loss per share from continuing operations was INR 0.22 compared to basic earnings per share from continuing operations of INR 0.66 a year ago. Diluted loss per share from continuing operations was INR 0.22 compared to diluted earnings per share from continuing operations of INR 0.66 a year ago.