Sharat Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 798.99 million compared to INR 863.58 million a year ago. Revenue was INR 800.72 million compared to INR 878.1 million a year ago.

Net income was INR 17.98 million compared to INR 27.01 million a year ago. Basic earnings per share from continuing operations was INR 0.75 compared to INR 1.13 a year ago. Diluted earnings per share from continuing operations was INR 0.75 compared to INR 1.13 a year ago.