Ludlow Jute & Specialities Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,225.4 million compared to INR 1,300.6 million a year ago. Revenue was INR 1,227.1 million compared to INR 1,304 million a year ago.

Net loss was INR 21.9 million compared to INR 13.4 million a year ago. Basic loss per share from continuing operations was INR 2.03 compared to INR 1.25 a year ago. Diluted loss per share from continuing operations was INR 2.03 compared to INR 1.25 a year ago.