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Benzinga
Benzinga
Business
Vuk Zdinjak

IGC Stock Slightly Up On Q1 2023 Revenue Growth Of 175%, What About Gross Profit?

IGC Globalization

India Globalization Capital, Inc. (AMEX:IGC) revenue in Q1 2023 was approximately $212,000 an increase of 175% compared to $77,000 in the same quarter of 2022. Revenue in both quarters was primarily derived from the company’s Life Sciences segment, which involved sales of products such as lotion, gummies, and alcohol-based hand sanitizers, among others.

Q1 Fiscal 2023 Financial Highlights

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