Modern Steels Limited reported earnings results for the first quarter ended June 30, 2021. For the first quarter, the company reported sales was INR 314.3 million compared to INR 27.5 million a year ago. Revenue was INR 314.9 million compared to INR 28.6 million a year ago. Net loss was INR 14.3 million compared to INR 65.7 million a year ago. Basic loss per share from continuing operations was INR 1.04 compared to INR 24.38 a year ago. Diluted loss per share from continuing operations was INR 1.04 compared to INR 24.38 a year ago.