Magnanimous Trade & Finance Ltd. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1.9 million compared to INR 0.13 million a year ago. Revenue was INR 2.73 million compared to INR 0.813 million a year ago.

Net income was INR 0.946 million compared to net loss of INR 0.183 million a year ago. Basic earnings per share from continuing operations was INR 0.99 compared to basic loss per share from continuing operations of INR 0.19 a year ago. Diluted earnings per share from continuing operations was INR 0.99 compared to diluted loss per share from continuing operations of INR 0.19 a year ago.