Akshar Spintex Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 384.5 million compared to INR 483.32 million a year ago. Revenue was INR 393.19 million compared to INR 491.11 million a year ago.

Net income was INR 9.01 million compared to INR 10.81 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to INR 0.0358 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to INR 0.0358 a year ago.