Madhav Marbles and Granites Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 111.41 million compared to INR 147.21 million a year ago. Revenue was INR 117.26 million compared to INR 156.52 million a year ago.

Net income was INR 0.243 million compared to INR 13.48 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to INR 1.51 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to INR 1.51 a year ago.