IP Rings Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 790.99 million compared to INR 626.83 million a year ago. Revenue was INR 800.41 million compared to INR 628.35 million a year ago.

Net income was INR 21.67 million compared to INR 40.45 million a year ago. Basic earnings per share from continuing operations was INR 1.71 compared to INR 3.19 a year ago. Diluted earnings per share from continuing operations was INR 1.71 compared to INR 3.19 a year ago.