Precot Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 2,129.91 million compared to INR 2,412.65 million a year ago. Revenue was INR 2,267.03 million compared to INR 2,549.23 million a year ago.

Net loss was INR 30.92 million compared to net income of INR 139.47 million a year ago. Basic loss per share from continuing operations was INR 2.58 compared to basic earnings per share from continuing operations of INR 11.63 a year ago.