Gini Silk Mills Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 98.94 million compared to INR 106.65 million a year ago. Revenue was INR 105.57 million compared to INR 107.58 million a year ago.

Net income was INR 6.24 million compared to net loss of INR 1.61 million a year ago. Basic earnings per share from continuing operations was INR 1.12 compared to basic loss per share from continuing operations of INR 0.29 a year ago.