James Warren Tea Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 243.1 million compared to INR 304.9 million a year ago. Revenue was INR 273.74 million compared to INR 321.02 million a year ago.

Net loss was INR 15.49 million compared to net income of INR 76.48 million a year ago. Basic loss per share from continuing operations was INR 3.52 compared to basic earnings per share from continuing operations of INR 17.38 a year ago. Diluted loss per share from continuing operations was INR 3.52 compared to diluted earnings per share from continuing operations of INR 17.38 a year ago.