Selan Exploration Technology Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 291.6 million compared to INR 310.9 million a year ago. Revenue was INR 315.3 million compared to INR 322.6 million a year ago.

Net income was INR 50.4 million compared to INR 90.8 million a year ago. Basic earnings per share from continuing operations was INR 3.31 compared to INR 5.97 a year ago. Diluted earnings per share from continuing operations was INR 3.31 compared to INR 5.97 a year ago.