Shyam Century Ferrous Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 389.54 million compared to INR 319.92 million a year ago. Revenue was INR 410.18 million compared to INR 338.99 million a year ago.

Net income was INR 21 million compared to INR 70.63 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to INR 0.32 a year ago.