Ashima Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 533.5 million compared to INR 620.1 million a year ago. Revenue was INR 536.5 million compared to INR 635.7 million a year ago.

Net loss was INR 15.7 million compared to net income of INR 14.2 million a year ago. Basic loss per share from continuing operations was INR 0.08 compared to basic earnings per share from continuing operations of INR 0.07 a year ago. Basic loss per share was INR 0.08 compared to basic earnings per share of INR 0.07 a year ago.