Algoquant Fintech Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported negative sales was INR 3.53 million compared to sales of INR 39.76 million a year ago. Negative revenue was INR 1.05 million compared to revenue of INR 40.36 million a year ago.

Net loss was INR 13.4 million compared to net income of INR 17.21 million a year ago. Basic loss per share from continuing operations was INR 1.63 compared to basic earnings per share from continuing operations of INR 2.18 a year ago. Basic loss per share was INR 1.67 compared to basic earnings per share of INR 2.14 a year ago.