India, April 28 -- Franklin Electric Co., Inc. (FELE) reported Tuesday that net income attributable to the company for the first quarter grew to $34.33 million or $0.77 per share from $30.96 million or $0.67 per share in the prior-year quarter.

Excluding items, adjusted earnings for the latest quarter was $0.83 per share.

Net sales for the quarter increased 10 percent to $500.44 million from $455.25 million in the same quarter last year.

Looking ahead to fiscal 2026, the company continues to project earnings of in a range of $4.40 to $4.60 per share on net sales between $2.17 billion and $2.24 billion.

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On Monday, the company announced that its Board of...