Gokul Refoils & Solvent Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 5,880.25 million compared to INR 9,482.98 million a year ago. Revenue was INR 5,910.18 million compared to INR 9,533.92 million a year ago.

Net income was INR 25.26 million compared to INR 69.68 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 0.7 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 0.7 a year ago.