Chennai Ferrous Industries Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 300.09 million compared to INR 125.43 million a year ago. Revenue was INR 306.98 million compared to INR 125.43 million a year ago.

Net income was INR 36.8 million compared to INR 58.67 million a year ago. Basic earnings per share from continuing operations was INR 10.21 compared to INR 16.28 a year ago.