Banas Finance Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported revenue was INR 112 million compared to INR 79.24 million a year ago. Net income was INR 64.96 million compared to net loss of INR 574.04 million a year ago.

Basic earnings per share from continuing operations was INR 1.352 compared to basic loss per share from continuing operations of INR 22.381 a year ago. Diluted earnings per share from continuing operations was INR 1.352 compared to diluted loss per share from continuing operations of INR 22.381 a year ago.