IVRCL Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 260.32 million compared to INR 89.64 million a year ago. Revenue was INR 289.77 million compared to INR 107.78 million a year ago.

Net loss was INR 6,216.99 million compared to INR 5,389.31 million a year ago. Basic loss per share from continuing operations was INR 7.94 compared to INR 6.88 a year ago.