Hipolin Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 44.24 million compared to INR 37.81 million a year ago. Revenue was INR 45.06 million compared to INR 38.34 million a year ago.

Net loss was INR 3.8 million compared to net income of INR 81.19 million a year ago. Basic loss per share from continuing operations was INR 1.21 compared to basic earnings per share from continuing operations of INR 25.93 a year ago. Diluted loss per share from continuing operations was INR 1.21 compared to diluted earnings per share from continuing operations of INR 25.93 a year ago.