S.P. Apparels Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 2,476.22 million compared to INR 2,457.76 million a year ago. Revenue was INR 2,517.92 million compared to INR 2,529.38 million a year ago.

Net income was INR 149.71 million compared to INR 257.97 million a year ago. Basic earnings per share from continuing operations was INR 5.97 compared to INR 10.04 a year ago.