Sonal Mercantile Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported revenue was INR 96.39 million compared to INR 56.88 million a year ago. Net income was INR 50.33 million compared to INR 46.27 million a year ago.

Basic earnings per share from continuing operations was INR 3.9 compared to INR 3.14 a year ago. Diluted earnings per share from continuing operations was INR 3.9 compared to INR 3.14 a year ago.