Sangal Papers Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 495.71 million compared to INR 521.2 million a year ago. Revenue was INR 497.18 million compared to INR 525.97 million a year ago.

Net income was INR 9.12 million compared to INR 18.57 million a year ago. Basic earnings per share from continuing operations was INR 6.98 compared to INR 14.2 a year ago. Diluted earnings per share from continuing operations was INR 6.98 compared to INR 14.2 a year ago.