Welcast Steels Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 431.57 million compared to INR 35.23 million a year ago. Revenue was INR 434.64 million compared to INR 35.87 million a year ago. Net income was INR 40.17 million compared to net loss of INR 21.3 million a year ago. Basic earnings per share from continuing operations was INR 62.94 compared to basic loss per share from continuing operations of INR 33.37 a year ago. Diluted earnings per share from continuing operations was INR 62.94 compared to diluted loss per share from continuing operations of INR 33.37 a year ago.