Odel PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 1,882.66 million compared to LKR 2,193.93 million a year ago. Net loss was LKR 752.77 million compared to LKR 296.99 million a year ago.

Basic loss per share from continuing operations was LKR 2.77 compared to LKR 1.09 a year ago.