Indo Tech Transformers Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 932.2 million compared to INR 540.8 million a year ago. Revenue was INR 940.3 million compared to INR 548.2 million a year ago.

Net income was INR 35.4 million compared to INR 12.3 million a year ago. Basic earnings per share from continuing operations was INR 3.33 compared to INR 1.16 a year ago.