Equity Modaraba First reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was PKR 0.449668 million compared to PKR 2.74 million a year ago. Net loss was PKR 4.59 million compared to PKR 2.3 million a year ago.

Basic loss per share from continuing operations was PKR 0.088 compared to PKR 0.044 a year ago.