The Swadeshi Industrial Works PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 1,199.54 million compared to LKR 1,137.59 million a year ago. Net income was LKR 28.36 million compared to LKR 85.11 million a year ago.

Basic earnings per share from continuing operations was LKR 189.9 compared to LKR 569.95 a year ago.