Rapicut Carbides Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

Rapicut Carbides Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 122.77 million compared to INR 80.69 million a year ago. Revenue was INR 123.41 million compared to INR 80.71 million a year ago.

Net loss was INR 4.04 million compared to net income of INR 2.76 million a year ago. Basic loss per share from continuing operations was INR 0.75 compared to basic earnings per share from continuing operations of INR 0.51 a year ago. Diluted loss per share from continuing operations was INR 0.75 compared to diluted earnings per share from continuing operations of INR 0.51 a year ago.