Sumit Woods Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 130.96 million compared to INR 113.53 million a year ago. Revenue was INR 132.74 million compared to INR 115.48 million a year ago.

Net income was INR 15.49 million compared to net loss of INR 4.11 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to basic loss per share from continuing operations of INR 0.13 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to diluted loss per share from continuing operations of INR 0.13 a year ago.