Gujarat Cotex Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 49.22 million compared to INR 21.64 million a year ago. Revenue was INR 49.23 million compared to INR 21.65 million a year ago. Net income was INR 0.27 million compared to INR 0.084 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.01 a year ago.