Majestic Auto Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 133.24 million compared to INR 123.07 million a year ago. Revenue was INR 171.35 million compared to INR 129.54 million a year ago.

Net income was INR 23.84 million compared to INR 1.75 million a year ago. Basic earnings per share from continuing operations was INR 2.4. Diluted earnings per share from continuing operations was INR 2.4.