Standard Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 87.71 million compared to INR 87.76 million a year ago. Revenue was INR 101.98 million compared to INR 151.17 million a year ago.

Net loss was INR 27.82 million compared to net income of INR 31.08 million a year ago. Basic loss per share from continuing operations was INR 0.43 compared to basic earnings per share from continuing operations of INR 0.48 a year ago. Diluted loss per share from continuing operations was INR 0.43 compared to diluted earnings per share from continuing operations of INR 0.48 a year ago.