VBC Ferro Alloys Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 100.82 million compared to INR 557.1 million a year ago. Revenue was INR 105.04 million compared to INR 564.8 million a year ago.

Net income was INR 1.58 million compared to INR 37.15 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to INR 2.27 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to INR 2.27 a year ago.