Modison Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

Modison Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 860.5 million compared to INR 896.54 million a year ago. Revenue was INR 861.48 million compared to INR 900.58 million a year ago.

Net income was INR 55.19 million compared to INR 50.95 million a year ago. Basic earnings per share from continuing operations was INR 1.7 compared to INR 1.57 a year ago. Diluted earnings per share from continuing operations was INR 1.7 compared to INR 1.57 a year ago.