Stovec Industries Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was INR 599.57 million compared to INR 443.95 million a year ago. Revenue was INR 611.06 million compared to INR 457.65 million a year ago.

Net income was INR 47.5 million compared to INR 24.47 million a year ago. Basic earnings per share from continuing operations was INR 22.75 compared to INR 11.72 a year ago. Diluted earnings per share from continuing operations was INR 22.75 compared to INR 11.72 a year ago.