Paul Merchants Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 18,357.76 million compared to INR 18,338.3 million a year ago. Revenue was INR 18,370.18 million compared to INR 18,333.99 million a year ago.

Net income was INR 136.72 million compared to INR 113.57 million a year ago. Basic earnings per share from continuing operations was INR 44.3333 compared to INR 36.8233 a year ago. Diluted earnings per share from continuing operations was INR 44.3333 compared to INR 36.8233 a year ago.