Algoquant Fintech Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 107.16 million compared to negative sales of INR 3.53 million a year ago. Revenue was INR 108.13 million compared to negative revenue of INR 1.05 million a year ago.

Net income was INR 4.73 million compared to net loss of INR 13.4 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to basic loss per share from continuing operations of INR 1.63 a year ago. Basic earnings per share was INR 0.59 compared to basic loss per share of INR 1.67 a year ago.