Madhav Marbles and Granites Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 147.21 million compared to INR 156.96 million a year ago. Revenue was INR 156.52 million compared to INR 166.49 million a year ago.

Net income was INR 13.48 million compared to net loss of INR 2.44 million a year ago. Basic earnings per share from continuing operations was INR 1.51 compared to basic loss per share from continuing operations of INR 0.27 a year ago. Diluted earnings per share from continuing operations was INR 1.51 compared to diluted loss per share from continuing operations of INR 0.27 a year ago.