Le Merite Exports Limited reported earnings results for the half year and full year ended March 31, 2023. For the half year, the company reported sales was INR 1,956.94 million compared to INR 3,125.56 million a year ago. Revenue was INR 1,972.05 million compared to INR 3,131.2 million a year ago. Net income was INR 0.432 million compared to INR 98.76 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 5.78 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 5.78 a year ago.

For the full year, the company reported sales was INR 3,641.328 million compared to INR 5,259.014 million a year ago. Revenue was INR 3,672.432 million compared to INR 5,269.730 million a year ago. Net income was INR 63.567 million compared to INR 210.596 million a year ago. Basic earnings per share from continuing operations was INR 2.71 compared to INR 12.33 a year ago. Diluted earnings per share from continuing operations was INR 2.78 compared to INR 12.33 a year ago.