Shahlon Silk Industries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 484.38 million compared to INR 622.44 million a year ago. Revenue was INR 485.16 million compared to INR 623.23 million a year ago.

Net income was INR 9.69 million compared to INR 21.62 million a year ago. Basic earnings per share from continuing operations was INR 0.11 compared to INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 0.11 compared to INR 0.24 a year ago.