Shree Ajit Pulp and Paper Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 758.73 million compared to INR 1,032.72 million a year ago. Revenue was INR 767.01 million compared to INR 1,032.84 million a year ago.

Net income was INR 26.69 million compared to INR 25.4 million a year ago. Basic earnings per share from continuing operations was INR 4.98 compared to INR 4.74 a year ago.