Vedavaag Systems Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 167.67 million compared to INR 230.67 million a year ago. Revenue was INR 167.71 million compared to INR 230.72 million a year ago.

Net income was INR 14.72 million compared to INR 24.47 million a year ago. Basic earnings per share from continuing operations was INR 0.642 compared to INR 1.07 a year ago. Diluted earnings per share from continuing operations was INR 0.642 compared to INR 1.07 a year ago.