Colorchips New Media Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 18.05 million compared to INR 18.69 million a year ago. Revenue was INR 18.05 million compared to INR 21.94 million a year ago.

Net loss was INR 1.56 million compared to net income of INR 8.13 million a year ago. Basic loss per share from continuing operations was INR 0.0184 compared to basic earnings per share from continuing operations of INR 0.0955 a year ago. Diluted loss per share from continuing operations was INR 0.0184 compared to diluted earnings per share from continuing operations of INR 0.0955 a year ago.