Loyal Equipments Limited Reports Earnings Results for the First Quarter Ended June 30, 2023

Loyal Equipments Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 39.98 million compared to INR 51.76 million a year ago. Revenue was INR 41.99 million compared to INR 54.56 million a year ago.

Net loss was INR 20.8 million compared to INR 15.94 million a year ago. Basic loss per share from continuing operations was INR 2.04 compared to INR 1.56 a year ago. Diluted loss per share from continuing operations was INR 2.04 compared to INR 1.56 a year ago.

Basic loss per share was INR 2.04 compared to INR 1.56 a year ago. Diluted loss per share was INR 2.04 compared to INR 1.56 a year ago.