Vardhman Textiles Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 23,183 million compared to INR 28,118.3 million a year ago. Revenue was INR 24,125.7 million compared to INR 28,317.9 million a year ago.

Net income was INR 1,364.7 million compared to INR 3,291.2 million a year ago. Basic earnings per share from continuing operations was INR 4.8 compared to INR 11.58 a year ago. Diluted earnings per share from continuing operations was INR 4.8 compared to INR 11.57 a year ago.