Kanco Tea & Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 227.7 million compared to INR 266.9 million a year ago. Revenue was INR 234.9 million compared to INR 269.7 million a year ago.

Net income was INR 22.4 million compared to INR 65.5 million a year ago. Basic earnings per share from continuing operations was INR 4.37 compared to INR 12.79 a year ago.