Nova Iron & Steel Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,824.09 million compared to INR 1,863.53 million a year ago. Revenue was INR 1,844.17 million compared to INR 1,868.79 million a year ago.

Net income was INR 18.21 million compared to INR 20.78 million a year ago. Basic earnings per share from continuing operations was INR 0.5 compared to INR 0.58 a year ago. Diluted earnings per share from continuing operations was INR 0.5 compared to INR 0.58 a year ago.