Soma Textiles & Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 10.7 million compared to INR 2.6 million a year ago. Revenue was INR 17.5 million compared to INR 32.1 million a year ago.

Net income was INR 4 million compared to INR 58.1 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to INR 1.76 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to INR 1.76 a year ago.