Switching Technologies Gunther Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 24.65 million compared to INR 31.89 million a year ago. Revenue was INR 26.01 million compared to INR 34.38 million a year ago.

Net loss was INR 20.3 million compared to INR 27.24 million a year ago. Basic loss per share from continuing operations was INR 8.29 compared to INR 11.12 a year ago. Diluted loss per share from continuing operations was INR 8.29 compared to INR 11.12 a year ago.