Virinchi Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 803.05 million compared to INR 757.94 million a year ago. Revenue was INR 805.36 million compared to INR 761.44 million a year ago.

Net income was INR 44.63 million compared to net loss of INR 17.84 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to basic loss per share from continuing operations of INR 0.22 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to diluted loss per share from continuing operations of INR 0.22 a year ago.