NRB Industrial Bearings Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

NRB Industrial Bearings Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 174.53 million compared to INR 157.96 million a year ago. Revenue was INR 178.97 million compared to INR 160.29 million a year ago.

Net loss was INR 63.79 million compared to INR 53.75 million a year ago. Basic loss per share from continuing operations was INR 2.631 compared to INR 2.21 a year ago. Diluted loss per share from continuing operations was INR 2.631 compared to INR 2.21 a year ago.