Polyplex Corporation Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 15,605.2 million compared to INR 20,325.8 million a year ago. Revenue was INR 15,729.4 million compared to INR 21,073 million a year ago.

Net loss was INR 31.2 million compared to net income of INR 1,870.5 million a year ago. Basic loss per share from continuing operations was INR 0.99 compared to basic earnings per share from continuing operations of INR 59.58 a year ago. Diluted loss per share from continuing operations was INR 0.99 compared to diluted earnings per share from continuing operations of INR 59.58 a year ago.