Tarmat Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 212.71 million compared to INR 406.05 million a year ago. Revenue was INR 212.83 million compared to INR 406.46 million a year ago.

Net income was INR 8 million compared to INR 16.63 million a year ago. Basic earnings per share from continuing operations was INR 0.37 compared to INR 0.84 a year ago. Diluted earnings per share from continuing operations was INR 0.37 compared to INR 0.84 a year ago.