Pioneer Embroideries Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 732.17 million compared to INR 851.95 million a year ago. Revenue was INR 740.56 million compared to INR 866.28 million a year ago.

Net income was INR 10.37 million compared to INR 0.586 million a year ago. Basic earnings per share from continuing operations was INR 0.38 compared to INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.38 compared to INR 0.02 a year ago.