Lagnam Spintex Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 717.24 million compared to INR 792.33 million a year ago. Revenue was INR 717.52 million compared to INR 792.59 million a year ago.

Net income was INR 13.62 million compared to INR 62.15 million a year ago. Basic earnings per share from continuing operations was INR 0.77 compared to INR 3.52 a year ago. Diluted earnings per share from continuing operations was INR 0.77 compared to INR 3.52 a year ago.