SMS Lifesciences India Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 746.52 million compared to INR 822.76 million a year ago. Revenue was INR 752.65 million compared to INR 825.85 million a year ago.

Net loss was INR 17.95 million compared to net income of INR 30.09 million a year ago. Basic loss per share from continuing operations was INR 5.94 compared to basic earnings per share from continuing operations of INR 9.95 a year ago.