Sri Lakshmi Saraswathi Textiles (Arni) Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 350.64 million compared to INR 429.75 million a year ago. Revenue was INR 351.01 million compared to INR 430.79 million a year ago.

Net loss was INR 52.46 million compared to INR 14.55 million a year ago. Basic loss per share from continuing operations was INR 15.74 compared to INR 4.37 a year ago. Diluted loss per share from continuing operations was INR 15.74 compared to INR 4.37 a year ago.