The Lakshmi Mills Company Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 629.43 million compared to INR 938.49 million a year ago. Net loss was INR 58.73 million compared to net income of INR 56.99 million a year ago.

Basic loss per share from continuing operations was INR 84.43 compared to basic earnings per share from continuing operations of INR 81.93 a year ago. Diluted loss per share from continuing operations was INR 84.43 compared to diluted earnings per share from continuing operations of INR 81.93 a year ago.