Morarjee Textiles Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 445.1 million compared to INR 570.2 million a year ago. Revenue was INR 448.2 million compared to INR 579.5 million a year ago.

Net loss was INR 404.9 million compared to INR 193.4 million a year ago. Basic loss per share from continuing operations was INR 11.14 compared to INR 5.32 a year ago.