Surat Textile Mills Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported revenue was INR 5.97 million compared to INR 14.67 million a year ago. Net income was INR 598.07 million compared to net loss of INR 2.93 million a year ago.

Basic loss per share from continuing operations was INR 0.05 compared to basic earnings per share from continuing operations of INR 0.01 a year ago. Diluted loss per share from continuing operations was INR 0.05 compared to diluted earnings per share from continuing operations of INR 0.01 a year ago. Basic earnings per share was INR 2.7 compared to basic loss per share of INR 0.01 a year ago.

Diluted earnings per share was INR 2.7 compared to diluted loss per share of INR 0.01 a year ago.