Faze Three Autofab Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 428.6 million compared to INR 500.9 million a year ago. Revenue was INR 432.1 million compared to INR 502 million a year ago.

Net income was INR 5.7 million compared to INR 22.7 million a year ago. Basic earnings per share from continuing operations was INR 0.53 compared to INR 2.12 a year ago. Diluted earnings per share from continuing operations was INR 0.53 compared to INR 2.12 a year ago.