Modern Dairies Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 827.1 million compared to INR 438.04 million a year ago. Revenue was INR 831.47 million compared to INR 443.73 million a year ago.

Net income was INR 20.23 million compared to INR 26.51 million a year ago. Basic earnings per share from continuing operations was INR 0.87 compared to INR 1.14 a year ago. Diluted earnings per share from continuing operations was INR 0.87 compared to INR 1.14 a year ago.